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HSBC

Gold surges in Europe
Markets

Gold surges in Europe

ROTTERDAM/LONDON: Gold rose over 1% on Thursday on a retreat in the dollar and US bond yields, while grim jobless...
Published 02 Apr, 2021 04:58am
US MIDDAY: Gold rises
Markets

US MIDDAY: Gold rises

NEW YORK: Gold rose over 1% on Thursday buoyed by a retreat in the dollar and US bond yields, while grim US jobless...
Published 02 Apr, 2021 04:58am
FTSE 100 ends flat
Markets

FTSE 100 ends flat

LONDON: London’s FTSE 100 ended flat on Monday, as weakness in banks and consumer discretionary stocks outweighed...
Published 30 Mar, 2021 05:45am
FTSE 100 falls
Markets

FTSE 100 falls

LONDON: British shares inched lower on Wednesday as a jump in COVID-19 cases across Europe stoked worries about its...
Published 25 Mar, 2021 05:08am
HSBC in talks to sell French retail banking to Cerberus
Business & Finance

HSBC in talks to sell French retail banking to Cerberus

  • The planned disposal is part of HSBC Chief Executive Noel Quinn's strategy to slash costs across the banking group and Reuters previously reported that Cerberus was among two remaining bidders.
  • Any sale could involve a token price, with HSBC having to plough in some 500 million euros ($595 million) to finance the necessary restructuring, Reuters previously reported.
Published 17 Mar, 2021 08:19pm
UK shares up ahead of budget
Markets

UK shares up ahead of budget

LONDON: British shares rose on Wednesday, buoyed by gains in commodity and banking stocks, while investors awaited...
Published 04 Mar, 2021 04:58am
Lloyds profits fall as it targets wealth push
Markets

Lloyds profits fall as it targets wealth push

  • Horta-Osório is leaving Lloyds after a decade running the bank to stand for election as chairman of Credit Suisse in April, with HSBC executive Charlie Nunn set to replace him on August 16.
Published 24 Feb, 2021 12:10pm
European shares fall
Markets

European shares fall

ROTTERDAM: European shares reversed early gains to trade lower on Tuesday as mixed corporate earnings updates...
Published 24 Feb, 2021 05:24am