HSBC’s market value has reached a significant milestone of $300bn, driven by a successful reorganization along “east-west” lines and strong annual profits. The bank reported a 2025 pre-tax profit of …
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Finance
A major legal dispute is on the horizon as the Bank Policy Institute evaluates taking the OCC to court over crypto-related licensing. The BPI, whose board includes CEOs from Citigroup …
The Federal Reserve’s final policy meeting of the year highlights an underappreciated consequence of government dysfunction: the paralysis of economic policymaking. With the Bureau of Labor Statistics shut down for …
For the first time in over 15 years, the Bank of England is preparing to cut the amount of emergency capital that major banks must keep on their balance sheets. …
The United Kingdom’s financial services sector received a significant boost as two Wall Street powerhouses announced major expansion initiatives following the autumn budget. JP Morgan’s planned £3 billion Canary Wharf …
Investment markets reflected growing optimism regarding the banking sector’s fiscal outlook on Tuesday, with shares in Britain’s premier financial institutions posting impressive gains. The surge followed emerging reports that government …
The decisions by HSBC and Barclays to quit a key UN-backed climate group were the final blows that led to its collapse last month. The Net Zero Banking Alliance (NZBA) …
Chancellor Rachel Reeves has reportedly decided not to increase taxes on banks in her upcoming budget, a move that has been met with relief across the financial sector and the …
For decades, the 4% rule has been touted as the gold standard for retirement planning. But while it might work in the U.S., applying it blindly in India could lead …
As savings account interest rates decline, sweep-in fixed deposits are emerging as a smart strategy for maximising returns without compromising liquidity. By linking your savings account with a fixed deposit, …