The possibility of the coronavirus spreading across the finance industry is worrying regulators, who fear the absence of important staff could lead to liquidity problems in markets
LONDON: With one month to go before Britain's vital in-out EU referendum, London's City finance district is busily planning ahead for a potential "Brexit".
GENEVA: Swiss competition authorities said Monday they were investigating UBS, HSBC, Deutsche Bank and four other major banks for suspected price fixing in the trade of precious metals like gold and silver.
KARACHI: Karachi-based Meezan Bank Ltd has signed an arrangement with the Pakistani unit of HSBC Bank Oman to acquire the latter’s banking business in Pakistan, said in a bourse filing on Friday.
LONDON: Scandal-hit global bank HSBC plans to cut thousands of jobs across its global operations, broadcaster Sky News reported on Tuesday.
HONG KONG: Hang Seng Bank, a Hong Kong-based subsidiary of British banking giant HSBC, on Tuesday announced the sale of a 10 percent stake in China's Industrial Bank in a transaction that could be worth $4.74 billion.
KARACHI: Karachi-based Meezan Bank Ltd has received regulatory approval to study the acquisition of the Pakistani unit of HSBC Bank Oman, the sharia-compliant lender said in a bourse filing on Friday.