HSBC Posts Higher Profit After Rise in Global Interest Rates

[ad_1] Markets The bank’s share price has lagged behind its peers for several years [ad_2] Source link

HSBC Rift With Top Shareholder Ping An Goes Back Years

[ad_1] Ping An, China’s largest insurer, requested a seat on the bank’s board and wanted to become its partner in new business ventures. [ad_2] Source link

Emails Reveal Deep Ties Between Jeffrey Epstein, Former Barclays CEO Jes Staley

[ad_1] Markets Finance ‘I owe you much,’ Mr. Staley wrote in a 2009 email to Epstein, who had been convicted of soliciting a minor for prostitution [ad_2] Source link

Barclays Profit Falls as Deal Making Declines, Sending Shares Lower

[ad_1] Markets Finance The bank has seen a sharp downturn in deal making but benefited from a boost in trading revenue stoked by volatility in bond markets [ad_2] Source link

Subway Confirms It Is Seeking Buyers

[ad_1] Subway’s shareholders are exploring a possible sale of the closely held sandwich chain, confirming an earlier report in The Wall Street Journal. [ad_2] Source link

Richard Parsons Is Investing in People Who Are Overlooked

[ad_1] When Richard Parsons became chief executive of Time Warner Inc. in 2002, he assumed he was pioneering a new era of Black CEOs in American corporations. “I had envisioned…

Credit Suisse Buys Klein & Co. in Step to Investment Bank Spinoff

[ad_1] Markets Swiss bank is buying the New York advisory while posting another quarterly loss and more customer outflows [ad_2] Source link

WSJ News Exclusive | Apollo in Talks to Take Stake in CS First Boston Spinoff

[ad_1] WSJ News Exclusive Markets Credit Suisse said last year that it would carve out part of its investment bank under the CS First Boston brand [ad_2] Source link

Bank of America Cut CEO Brian Moynihan’s Pay 6% in 2022

[ad_1] Markets The bank’s leader earned $30 million for the year, including base salary of $1.5 million [ad_2] Source link

Deutsche Bank Profit Rises on Booming Lending Business

[ad_1] Deutsche Bank’s net profit rose in the fourth quarter on the back of higher interest rates, driving the lender to post its strongest year since 2007.  [ad_2] Source link