RPT-UPDATE 2-StanChart posts strong results but coronavirus, economic headwinds to hamper profit growth

This post was originally published on this site(Repeats to fix technical glitch). * StanChart reports 2019 profit up 46% to $3.7 billion. * Bank announces $500 million share buyback. * Flags

Read More

RPT-UPDATE 2-StanChart posts strong results but coronavirus, economic headwinds to hamper profit growth

This post was originally published on this site(Repeats to fix technical glitch). * StanChart reports 2019 profit up 46% to $3.7 billion. * Bank announces $500 million share buyback. * Flags

Read More

StanChart posts strong results but coronavirus, economic headwinds to hamper profit growth

This post was originally published on this siteHONG KONG/LONDON (Reuters) – Standard Chartered (STAN.L) booked a robust 46% jump in annual profit but warned a key earnings target would take

Read More

HSBC to slash investment bank, 35000 jobs in strategy overhaul

This post was originally published on this siteHONG KONG/LONDON (Reuters) – HSBC Holdings PLC (HSBA.L) said on Tuesday it would shed $100 billion in assets, shrink its investment bank and

Read More

HSBC to shed assets worth $100 billion and slash 35000 jobs over three years

This post was originally published on this siteHONG KONG/LONDON (Reuters) – HSBC Holdings (HSBA.L) said on Tuesday it would shed $100 billion in assets, slashing the size of its investment

Read More

HSBC to shed assets worth $100 billion and slash 35000 jobs over three years

This post was originally published on this siteHONG KONG/LONDON (Reuters) – HSBC Holdings (HSBA.L) said on Tuesday it would shed $100 billion in assets, slashing the size of its investment

Read More

HSBC sets new cost cutting, earnings targets after 2019 profit falls 33%

This post was originally published on this siteHONG KONG/LONDON (Reuters) – HSBC Holdings PLC (HSBA.L) on Tuesday unveiled plans to cut $100 billion in assets, slash its investment bank and

Read More

HSBC sets new cost cutting, profit targets after 2019 profit falls 33%

This post was originally published on this siteHONG KONG/LONDON (Reuters) – HSBC Holdings PLC (HSBA.L) on Tuesday unveiled plans to cut costs and simplify its structure to boost earnings,

Read More

MOVES-Credit Suisse hires two Deutsche bankers for China prime brokerage business

This post was originally published on this siteHONG KONG, Jan 6 (Reuters) – Credit Suisse Group AG said on Monday it had hired two bankers from Deutsche Bank AG for its China prime

Read More

StanChart flags risk to profit goal from slowing growth, lower rates

This post was originally published on this siteHONG KONG/LONDON (Reuters) – Standard Chartered (STAN.L) flagged risks on Wednesday to its key returns target citing slowing global economic

Read More