LONDON, Oct 23 (Reuters) - Tesco Bank said its trading profit increased by 15.9 percent to 102 million pounds ($164 million) in the six months to the end of August, driven by a strong increase in lending. The bank, which is owned by Britain's biggest retailer, said on Thursday customer numb
Read moreMANILA, Oct 23 (Reuters) - Philippine specialty retailer SSI Group Inc priced its initial public offering (IPO) at the top end of its indicative range, allowing it to raise $166 million in the country's third and biggest maiden share sale this year. The offer price was set at 7.50 pesos ($0
Read more* Hiring back to pre-recessionary levels - survey * Professional services wages up 2.6 pct yr-on-yr - survey * Firms struggle to find skilled candidates LONDON, Oct 23 (Reuters) - A talent shortage in Britain's financial services and technology sectors has pushed salaries in the
Read more(Adds Snowden Lane, Janney Montgomery, U.S. Bank) Oct 22 (Reuters) - The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email moves@thomsonreuters.com. SNOWDEN LANE PARTNERS Jesse Clinton and Phillip Pedrena joi
Read more(Adds more detail, comments) By Huw Jones LONDON, Oct 22 (Reuters) - It is too late to change the allowances paid to top banking staff that have been deemed to breach European Union law, a senior Bank of England official said on Wednesday. The EU's banking watchdog, the European
Read moreLONDON, Oct 22 (Reuters) - It is too late to change the allowances paid to top banking staff that have been deemed to breach European Union law, a senior Bank of England official said on Wednesday. The EU's banking watchdog, the European Banking Authority (EBA), said on Oct. 15 that "role b
Read moreLONDON, Oct 22 (Reuters) - Britain's competition watchdog said HSBC had forced some small businesses to open an account with the bank to obtain a loan, breaking commitments made by banks to end the practice. The Competition and Markets Authority said on Wednesday HSBC and First Trust Bank,
Read moreCompetition regulators have ordered HSBC and Northern Ireland's First Trust Bank (FTB) to take action after they were found to have broken small business banking rules. The Competition & Markets Authority (CMA) said the two banks had breached legally-binding undertakings banning banks from forcing s
Read moreOct 22 (Reuters) - HSBC Holdings Plc appointed Andy Maguire as group chief operating officer and group general manager, effective Dec. 1. Andy is joining from Boston Consulting Group, where he is managing partner of the UK and Ireland, and a member of the firm's global executive committee.<
Read moreHONG KONG, Oct 22 (Reuters) - HSBC Holdings Plc has named former Goldman Sachs banker Dojin Kim as head of HSBC Securities (Seoul) and head of capital financing for South Korea, the London-based lender said on Wednesday. Kim will take over HSBC's securities unit in the country, which incl
Read more* HSBC chairman Flint says tough for banks to hire from tech * HSBC says UK "ringfencing" to cost 1-2 bln stg to implement (Adds comments, details) By Steve Slater LONDON, Oct 21 (Reuters) - European rules to cap bankers' bonuses at twice fixed pay are "a retrograde step" that
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