Four banks fined $132 million for sharing UK bond market information
Britain's competition regulator has fined Citi, HSBC, Morgan Stanley and Royal Bank of Canada (RBC) a combined 104.5 million ...
HSBC: UK's largest bank announces job cuts - how it might affect branch closures
HSBC is also scaling back its mergers and acquisitions banking operations in the UK, Europe, and the US. But what does it ...
HSBC delays net-zero emissions target by 20 years
HSBC is ditching its target of reaching net-zero carbon emissions across its business by 2030 because of slow change in the ...
HSBC unveils cost cuts in drive to create a 'simple, more agile, focused bank'
The London-headquartered bank plans to save $300 million this year and aims to reduce its cost base by $1.5 billion by the ...
UK banks hit with £100M penalty for breaching gilt trading rules
Citi, HSBC, Morgan Stanley, and Royal Bank of Canada—have been fined a combined total of more than £100mn by the UK’s Competition and Markets Authority (CMA) following an investigation into the ...
HSBC sees $1.8 billion in revamp related costs as new CEO looks to boost returns
HSBC expects to incur $1.8 billion in expenses by the end of next year related to an overhaul initiated by its new CEO to cut ...
HSBC and three other banks told to pay out £100million
Four major banks have agreed to pay combined fines of more than £100 million after their traders shared sensitive information ...
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HSBC is planning to cut thousands of jobs – here’s what you need to know
HSBC is planning to cut thousands of jobs around the world as new CEO Georges Elhedery continues shaking up the global ...
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UK Regulator Fines Four Major Banks £104.5 Million For Sharing Sensitive UK Bond Information
The UK Competition and Markets Authority has fined four major banks £104.5M for sharing sensitive UK bond information.
UK Fines Four Banks $127 Million for Bond Information Exchange
UK's competition regulator said on Friday four global banks would pay fines totalling more than 100 million pounds ($126.7 million) for exchanging sensitive information about UKgovernment bonds. The ...
Citi, HSBC, Morgan Stanley, and RBC fined by UK regulator
Investing.com -- The United Kingdom (TADAWUL: 4280 )'s competition regulator, the Competition and Markets Authority (CMA), has issued fines totalling 104.5 million pounds ($132.3 million) to Citi, ...