[ad_1] South Africa’s Competition Appeal Court dismissed the cases against most of the 28 banks accused of colluding to fix the rand in the New York foreign exchange market almost…
Tag: HSBC Holdings PLC
Hong Kong Bankers’ Uneasy Dance With Property Tycoons
[ad_1] Hong Kong dazzles with its soaring skyscrapers and swanky shopping malls, and the city has its bankers to thank. Over the years, landlords routinely relied on banks to finance…
China Policymakers Visit Hong Kong to Boost Finance Hub
[ad_1] China’s financial policymakers are in Hong Kong this week meeting bankers to seek ways to bolster the city’s status as a hub for investments, deals and talent. The Ministry…
UBS to Buy Credit Suisse in $3.3 Billion Deal to End Crisis
[ad_1] UBS Group AG agreed to buy Credit Suisse Group AG in a historic, government-brokered deal aimed at containing a crisis of confidence that had started to spread across global…
House Prices Climb Unexpectedly: The London Rush
[ad_1] Hi, I’m Leo from Bloomberg’s UK Breaking News team, catching you up on this morning’s business stories. UK house prices rose unexpectedly for a third month, helped by a…
Banks in France Face More Than $1.1 Billion Fines After Raids
[ad_1] French banks including Societe Generale SA and BNP Paribas SA face collective fines of more than 1 billion euros ($1.1 billion) as part of a probe into tax fraud…
Mastercard says wide adoption of central bank digital currencies is ‘difficult’
[ad_1] BARCELONA, SPAIN – MARCH 01: A view of the MasterCard company logo on their stand during the Mobile World Congress on March 1, 2017 in Barcelona, Spain. (Photo by…
HSBC to launch storage services for tokenized securities as more big banks warm to blockchain
[ad_1] HSBC is the largest bank in Europe by total assets. Nicolas Economou | Nurphoto | Getty Images HSBC on Wednesday announced it will offer custody services for tokenized securities,…
HSBC’s top execs face tense shareholders calling for a breakup | CNN Business
[ad_1] Hong Kong CNN — HSBC’s top brass defended their strategy Monday to frustrated shareholders in the lender’s largest market, as Europe’s biggest bank continued to face calls to be…
Coinbase CEO slams JPMorgan for banning crypto payments in UK, suggests government should act
[ad_1] Brian Armstrong, chief executive officer of Coinbase Global Inc., speaks during the Messari Mainnet summit in New York, on Thursday, Sept. 21, 2023. Michael Nagle | Bloomberg | Getty…