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HSBC Bank logo is seen in this illustration taken March 12, 2023. REUTERS/Dado Ruvic/Illustration/File Photo Acquire Licensing Rights MUMBAI, Nov 9 (Reuters) – HSBC (HSBA.L) aims to further expand personal banking in India to serve the country’s fast-growing pool of high-earning professionals, after the launch there in July of its private bank, its India CEO … Read more
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The logo of Dow Jones Industrial Average stock market index listed company American Express (AXP) is seen in Los Angeles, California, United States, April 25, 2016. REUTERS/Lucy Nicholson/File Photo Acquire Licensing Rights Oct 20 (Reuters) – Credit card giant American Express (AXP.N) on Friday reported third-quarter profit that beat expectations, helped by resilient spending from … Read more
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The Wall Street sign is pictured at the New York Stock exchange (NYSE) in the Manhattan borough of New York City, New York, U.S., March 9, 2020. REUTERS/Carlo Allegri/File Photo Acquire Licensing Rights Oct 19 (Reuters) – U.S. mid-sized banks will likely need to shell out more to retain deposits in the next few months, … Read more
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[1/5]Bill Ford, executive chairman of Ford Motor Company, speaks at their Rouge Visitor Center in Dearborn, Michigan, U.S. October 16, 2023. Jeff Kowalsky/Ford Motor Co./Handout via REUTERS. Acquire Licensing Rights DEARBORN, Michigan, Oct 16 (Reuters) – Ford (F.N) executive chairman Bill Ford on Monday urged the United Auto Workers union to end a 32-day strike … Read more
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[1/2]The entrance to JPMorgan Chase’s international headquarters on Park Avenue is seen in New York October 2, 2012. REUTERS/Shannon Stapleton/File Photo Acquire Licensing Rights NEW YORK, Oct 13 (Reuters) – Major U.S. banks said on Friday higher interest rates boosted profits, sending shares sharply up, even though they said the economy was slowing and saw … Read more
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A general view shows the Central Bank of Kenya headquarters building along Haile Selassie Avenue in Nairobi, Kenya November 28, 2018. REUTERS/Njeri Mwangi/File photo Acquire Licensing Rights MARRAKECH, Morocco, Oct 12 (Reuters) – Kenya is planning to buy back up to a quarter of its $2 billion 2024 international bond before year-end after it secures … Read more
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The U.S. Supreme Court building is seen on the day that Justices Clarence Thomas and Samuel Alito released their delayed financial disclosure reports and the reports were made public in Washington, U.S., August 31, 2023. REUTERS/Kevin Wurm/File Photo Acquire Licensing Rights WASHINGTON, Sept 12 (Reuters) – The U.S. Consumer Financial Protection Bureau is currently pursuing … Read more
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Sept 11 (Reuters) – Retail traders getting their first bite at Arm Holdings’ highly anticipated public offering when the British chip designer begins trading this week should beware: individual investors often get burned when they jump on hot listings. Arm’s goal of raising around $5 billion in New York in what might be the biggest … Read more
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Private debt fundraising and deals slow Industry tested by new high rate environment Lending squeeze set to aggravate default risks LONDON, Sept 7 (Reuters) – Direct lending, a key but expensive source of credit for riskier European firms that banks often shy away from, is running out of steam, a fresh sign that aggressive interest … Read more
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The National Bank of Canada logo is seen outside of a branch in Ottawa, Ontario, Canada, February 14, 2019. REUTERS/Chris Wattie/File Photo Acquire Licensing Rights Aug 30 (Reuters) – National Bank of Canada (NA.TO) posted a drop in its third-quarter adjusted profit on Wednesday, as the lender set aside more capital to cover for potential … Read more