The Big Bank With a $15 Billion Conundrum in China

[ad_1] HSBC Holdings has a $15 billion headache in China—a big stake in a local lender that it can’t easily sell and that could require a big write-down. Long after…

FTSE 100 rebounds despite weak UK retail data

[ad_1] FTSE 100 rebounds despite weak UK retail data  Evening Standard [ad_2] Source link

FTSE treads water but outperforms European rivals

[ad_1] FTSE treads water but outperforms European rivals  Evening Standard [ad_2] Source link

Global stocks rise ahead of US and UK interest rate decision

[ad_1] Global stocks rise ahead of US and UK interest rate decision  Evening Standard [ad_2] Source link

StanChart profit slumps on China real estate and banking losses

[ad_1] HONG KONG/LONDON: Standard Chartered on Thursday said pre-tax profit dropped 33% in the third quarter of the year, far beyond analyst estimates, after taking a nearly $1 billion hit…

Ukraine Hangover Makes European Banks Look Rougher than They Are

[ad_1] European investment banks don’t tend to fare well when compared with their more profitable U.S. peers. But the war in Ukraine makes some comparisons unfair. Investors have been disappointed…

Standard Chartered’s crypto firm Zodia Markets scores regulatory approval in Abu Dhabi

[ad_1] Standard Chartered’s crypto firm Zodia Markets is betting big on the Middle East for expansion after securing in-principle approval from the Abu Dhabi Global Market. London-based Zodia Markets has been…

Zodia Markets CEO Ahmad backs stablecoins for growth after crypto crash

[ad_1] The chief executive of Standard Chartered’s crypto offshoot Zodia Markets Usman Ahmad is looking to cash in on surging global demand for stablecoins. “A lot of corporate clients are interested…

Standard Chartered drives inclusion with 20-week paid parental leave to all employees

[ad_1] KUALA LUMPUR: Standard Chartered Malaysia will standardise the amount of parental leave it offers, providing parents with the option of undertaking more equitable caregiving responsibilities for their children, effective…

Hong Kong government pressures banks to onboard crypto exchanges

[ad_1] Get all the essential market news and expert opinions in one place with our daily newsletter. Receive a comprehensive recap of the day’s top stories directly to…