He says the potential for growth in Asia makes restructuring east a “logical” move, adding that the shift would have also been heavily influenced by Ping An Bank, a key shareholder in HSBC, which has ...

Nikhil Rathi, chief executive of the Financial Conduct Authority, is consulting on rethinking some of the “strictures laid out in legislation” to remove the certification of junior staff from the ...

The bank’s strong results reflect the impact of chief executive Slawomir Krupa’s strategic plan to simplify its businesses, ...

With the increasing availability of skilled AI engineers and open-source frameworks, the cost of developing AI solutions has become significantly more affordable. As digital banking evolves, ...

As US President Donald Trump’s shifting stance on tariffs threatens to create one of the biggest disruptions to global commerce in decades, experts say banks are finding unexpected opportunities from ...

It is clear Rachel Reeves is not a fan of regulation, or at least not of overregulation. During a speech in Oxfordshire last week, the UK chancellor told a room full of journalists and chief ...

Full-year profit hit a record €12.57bn for the third straight year, driven by strong growth in Santander’s retail operations in Spain and Brazil, which contributed to an 8 per cent rise in revenues.

The rules, finalised in 2023 by former Securities and Exchange Commission chair Gary Gensler, are due to come into force on December 31 2025 for cash clearances and June 30 2026 for repo clearing.

Last month, the International Finance Corporation and HSBC signed a $1bn risk-sharing facility that aims to help banks in emerging markets increase their lending to support trade. In addition to this, ...

China has announced retaliatory tariffs on a range of US imports and launched an antitrust investigation into Google following President Donald Trump’s decision to impose an additional 10 per cent ...