banking

HSBC Reports Sharp Drop in Profit in Q1 2016

HSBC has posted a 14% drop in profits for Q1 of 2016 following "extreme levels of volatility" in financial markets…

9 years ago

Panama Papers: Banking Giants Deny Helping Clients to Avoid Taxes

The leaked Panama Papers have revealed that international banking giants are helping clients to avoid tax by using complicated offshore…

9 years ago

Standard Chartered Announces 15,000 Job Cuts

Standard Chartered bank is to cut 15,000 jobs and raise $5.1 billion to create a "lean, focused and well-capitalized" group.…

9 years ago

Deutsche Bank Announces 15,000 Job Cuts after €6 Billion Loss in Q3

Germany's biggest bank, Deutsche Bank, has announced a 15,000 job cuts after a €6 billion loss in Q3 of 2015.…

9 years ago

Morgan Stanley and Goldman Sachs report contrasting results for 2014 Q1

Morgan Stanley and Goldman Sachs have reported contrasting results for the first quarter of 2014. Goldman Sachs’ neat earnings fell…

11 years ago