Why are U.S. banks flying gold from London to New York?
JPMorgan and HSBC – who have access to huge gold supplies in London – often lend out bullion to borrowers who need to use it ...
Ameriprise Financial: Strong Asset Growth and Client Cash Revenue Expected Ahead; Valuation Intact
The company’s diversification across wealth management, asset management, and insurance muddies the company’s financials, and investors might discount the company’s valuation because of this.
HSBC to shed more jobs after £1.2bn cost-cutting
Georges Elhedery, the boss of HSBC, will reportedly kick off more job cuts next week as he reveals his radical overhaul of ...
Starmer on collision course with Trump over VAT and future of Ukraine
Sir Keir Starmer is on a collision course with Donald Trump over the future of Ukraine and the president’s latest threat to ...
The week ahead: UK CPI and wages, Lloyds and HSBC results
UK CPI (Jan) – 19/02 – having cut interest rates by 25bps at its recent meeting the Bank of England will be hoping that the ...
Stocks to watch next week: Alibaba, Walmart, HSBC, Rio Tinto and Lloyds
Trade tariffs and economic data continue to capture much of the market's attention, there are also a number of company earnings due out in the coming week. Alibaba (BABA) is due to release its latest ...
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HSBC set to unveil bigger profits as cost-cutting overhaul in focus
Rivals Barclays and NatWest set the tone for the banking sector when they reported stronger earnings this week.