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…

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…

Stock Futures Fall, as S&P 500 Heads for Worst Week So Far This Year

[ad_1] U.S. stock futures slipped, while oil prices rose after Russia said it planned to cut production. [ad_2] Source link