In 2011, once the dust had settled, the Financial Stability Board drew up a list of what they identified were global systemically important banks. Fast forward to 2024 and the list of G-SIBs is still ...

HSBC's new boss has announced a major overhaul of the bank's structure, splitting geographically into eastern and western ...

Zhang Hongtao, deputy director of Shanghai Municipal Commission of Economy and Informatization, told China Daily that Tesla ...

Sonja Hutson Good morning from the Financial Times. Today is Wednesday, October 23rd and this is your FT News Briefing. Jobs ...

Goldman Sachs on Tuesday said it expects oil prices to average $76 a barrel in 2025 based on a moderate crude surplus and spare capacity among producers in OPEC+, which groups the Organization of the ...

HSBC will divide its operations into eastern and western markets as part of a significant shake-up under its new chief ...

HSBC announced a restructuring that will cut costs and, if all goes as planned, ease increasingly tense geopolitical ...

Some 42% of well-off individuals in Asia said they feel unprepared for retirement, while 4 in 10 are not financially on track ...

The reorganisation marks a wide-ranging change at the UK-listed lender, separating it on east-west lines at a time of rising ...

Meanwhile, German bond yields - a proxy measure of government borrowing costs - have climbed four basis points to 2.32pc, ...

HSBC has announced a sweeping reorganisation that will redraw its operations between east and west, as new chief executive Georges Elhedery seeks to cut costs and better navigate geopolitical tensions ...

The restructuring of Europe’s largest lender comes as it looks to cut costs and navigate a diplomatic minefield across its ...