HSBC Holdings (HSBA.L) plans to invest more than 3 billion yuan($448 million) in its Chinese operations, Chief Executive Noel Quinn told state Read More
Credit Suisse (CSGN.S) is in the early stages of weighing options to bolster its capital after a string of losses has Read More
The head of the U.S. Senate Banking Committee on Tuesday called on Wells Fargo & Co (WFC.N) Chief Executive Charles Scharf Read More
Banking
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World
Canadian banks post mixed quarterly results as RBC, TD beat estimates, CIBC misses
Royal Bank of Canada (RY.TO), Toronto-Dominion Bank (TD.TO) and Canadian Imperial Bank of Commerce (CIBC) (CM.TO) reported diverging second-quarter Read More
Banking
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World
Westpac to sell one financial advisory business, merge unit’s funds with Mercer Super Trust
Westpac Banking Corp (WBC.AX) said on Thursday it would sell one of its financial advisory businesses, Advance Asset Management, to pension Read More
Bank of America Corp (BAC.N) said it was raising its U.S. minimum hourly wage to $22 on Monday, a step closer Read More
JPMorgan Chase & Co (JPM.N) presented a more optimistic profit forecast on Monday as it opened an investor conference to relieve worries Read More
Israel Discount Bank (DSCT.TA) reported a higher-than-expected rise in quarterly profit that was boosted by higher financing income and a one-time Read More
Banking
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World
New Zealand central bank to hike cash rate by another half point on May 25: Reuters poll
New Zealand's central bank will hike its policy interest rate by half a percentage point to counter soaring inflation when it meets Read More
