A gift letter for a mortgage verifies the source of a homebuyer’s gifted down payment funds. The gift letter proves that the funds are in fact a gift and don’t have to be repaid, and that the giver ...

A letter of engagement serves the same purpose as a contract between two parties. However, its format is less formal than a contract and it generally avoids legal jargon. The letter is intended to ...

HONG KONG – HSBC Holdings will wind down some of its investment banking operations in Europe, Britain and the Americas as part of chief executive Georges Elhedery’s ongoing restructuring.

But now, to be on the cover, well, it’s a privilege he doesn’t take lightly. “It’s a cool thing, and a huge honor," Skenes says, “especially sharing this with those guys. I met those ...

HSBC is trying to cut costs as a global rate-cutting cycle threatens to dampen profits HSBC is set to wind down parts of its investment banking operations across the UK, Europe and North America ...

HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest sign that Chief Executive Officer Georges Elhedery is willing to be ...

HSBC ranked 14th globally in investment banking fees in 2024, according to LSEG data, down a notch from the previous year. The bank's market share in the fees pot reached 1.5%, mostly thanks to ...

WWE 2K25 is on the way, and tonight during WWE Raw on Netflix, the official cover star was revealed ... "As both WWE and the wider format of pro wrestling live through a new golden age, it's ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC will shut key parts of its investment banking business in the UK, Europe and the Americas as part of ...

The Scottish National Investment Bank is at risk of missing its target of investing £2bn by the end of the decade by a fifth, after the government scaled back funding for the lender this year.