HSBC to cut up to 10,000 jobs in drive to slash costs
European operations expected to bear brunt of initiative
European operations expected to bear brunt of initiative
Bank’s pretax profit for the first half rose to $12.41bn from $10.71bn a year earlier
But bank sounds upbeat note as it aims to meet key financial targets
Europe’s biggest lender plans to raise $7bn over next four months to bolster capital base
HSBC faces as much as $300 million in legal and relocation fees as it prepares to move 1,000 staff to Paris
Europe’s biggest bank says profit rose by 5% in first half of the year
London Letter: Treasury books profit of about €580 million on share sales
The bank’s CET1 ratio was some 0.5% higher than expected
Impairment of goodwill in private banking and sale of Brazilian unit hit profits
Chief executive says no reason why London won’t remain ‘beneficial’ location
Chief executive reveals relocation plans at Davos as Taoiseach prepares to attend forum
Banking giant remains tight-lipped on appointment of new group chairman in 2017
Bank has cut over 87,000 jobs since 2011, exited 80 businesses and reduced footprint
Europe’s largest bank starts restructuring that will cut 8,000 UK jobs by end-2017
Standard Chartered and Royal Bank of Scotland among those approached
First-quarter profit of Europe’s biggest lender helped by favourable credit spreads move and drop in operating expenses
Board unanimous on keeping HQ in UK, decision follows uncertain 10 months
Europe’s biggest bank to offload unprofitable Brazilian operations to Banco Bradesco
Five years after Gulf of Mexico disaster, the former BP boss is causing controversy
Birmingham location of retail head office fuels speculation about rebadging
UK bank could announce thousands of job cuts at a strategy day next week
Bizarre case of Mike Coupe criminal conviction in Egyptian court – and two-year prison sentence – emerged out of the blue
Background: Regime began in UK in 1799 and still applies in Ireland
Recorded comments appear to contrast with bank’s public statements
Gulliver faced more than two hours of hostile questioning at House of Commons
Politicians seek to follow UK lead but any approach is almost certain to be rebuffed
Head of UK tax authority defends organisation in face of MPs’ complaints
Deal with France to allow UK use leaked HSBC files to pursue financial advisers
Annual profit slumps 17 per cent to $18.7 billion at banking giant
Bank put its ‘Guardian’ advertising ‘on pause’ during Swiss leaks investigation
Fallout from tax evasion activities of bank’s Swiss operations not abating
Financial services group publishes letter in British newspapers addressing Swiss leaks
Pre-tax earnings dropped 12 per cent to $12.3 billion from $14.1 billion a year earlier
Dixons in talks with Carphone Warehouse
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How does a post-Brexit world shape the identity and relationship of these islands
Inquests into the nightclub fire that led to the deaths of 48 people
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