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HSBC and Standard Chartered Face Asian Salary Bill Hit
Banks with Asian focus hit by rising wage bills from regional expansion though strong growth boosts revenues.
Tips on FTSE Stocks
Britain’s FTSE 100 index ended lower 56.40 points or 1 per cent at 5,871.51 on Wednesday, though investors digested the latest second round of a European Central Bank long term liquidity operation.
HSBC's Top Banker Stuart Gulliver Pockets £7.2m
HSBC's chief executive pocketed huge £7.2m salary in 2011, including £2.16m bonus.
HSBC Defies Economic Crisis to Post £13.8bn Profit
Stuart Gulliver, chief executive, said 2011 was 'year of change' as bank pushes up profits 15%.
HSBC Delivers Record Performance
HSBC Holdings, the global banking and financial services organisation, has reported a robust performance for the year ending December 31, 2011 with profit before taxes of $21.9billion.
HSBC Earnings Expectations From Credit Suisse, Nomura
Credit Suisse and Nomura Securities have set new price targets and recommendations for HSBC Holdings as the global banking and financial services Group is scheduled to release its preliminary earnings for the year ended December 31. 2011, on Monday, February 27, 2012.
Top Picks for FTSE Stocks
Discover the stock-picking strategies for today as recommended by top UK brokers along with ratings.
Lloyds Bank Recalls £1m in Bonuses
Lloyds Banking Group takes back part of huge packages awarded to senior directors during 2010.
Prince William 'the Falklands Pirate' Enrages Argentina
Argentinian media surprised by Prince William's arrival in Falklands as 30th anniversary of conflict approaches.
Redknapp 'Lost Millions' in Disastrous Investments
Harry Redknapp faced losing his home after an unsuccessful investment cost him millions of pounds, a court heard today.
Harry Redknapp Trial: Solely Responsibile for Bank Account But 'Utterly Disorganised'
Tottenham manager Harry Redknapp told City of London Police during an interview that he was too "disorganised" and barely literate enough to fiddle his taxes, a court has heard.
Work on £800m Bishopsgate Tower Halted Again
Construction on the Bishopsgate Tower has halted because of a lack of funding.
Tottenham Boss Accused of Avoiding Tax on ‘Bungs’
Tottenham Hotspur manager Harry Redknapp has been accused of using a bank account under the name of his pet dog in order to allegedly receive $295,000 which he had no intention of declaring for tax purposes, a court heard on Monday.
UK Banks' Exorbitant Overdraft Charges Baffle Customers
Which? experts call for 'pro-consumer' watchdog to regulate complicated charges.
Gold Rush in the New Year: Five Key Factors that Will Impact Prices in 2012
A poll of 20 hedge fund managers, economists and traders conducted by Reuters predicts that gold prices will fall below $ 1500 an ounce over the first quarter of next year.
Euro Falls to 10-year Low against Yen
Euro ends year on weak note with slumps against major currencies as debt crisis goes on.
Banking Reform: George Osborne to Adopt Vickers' Report Despite Warnings
The Chancellor of the Exchequer, George Osborne, will press ahead with controversial plans to shake up the banking industry despite warnings that it could harm the economy.
HSBC Given Record £10.5m Fine For Miss-Selling Advice To Elderly
Banking giant HSBC has been fined £10.5 million for giving out "inappropriate investment advice" to its elderly customers.
Thomas Cook Gets a New Lease on Life, Secures £200 Million Credit
Thomas Cook, the beleaguered travel company, has secured a new credit facility worth £200 million from its bank lending group that will be available until April 30, 2013.
HSBC Outage: Chaos for Customers as Cashpoints Shutdown
Reports of a worldwide outage on HSBC banking services have flooded Twitter, with jilted customers reporting problems withdrawing money from ATM Machines and making card payments.
FTSE 100: Lloyds Banking Group, RBS, Barclays and HSBC Share Price Down as Europe Dithers
Shares in British banks were down on the FTSE 100 in morning trading as uncertainty continued to hover over the eurozone debt crisis.
FTSE 100: Lloyds Banking Group, RBS, Barclays and HSBC Share Price Up Despite Spain Downgrade
Shares in British banks were up on the FTSE 100 in morning trading despite yet another credit rating downgrade hitting the eurozone.
FTSE 100: Lloyds Banking Group, RBS, Barclays and HSBC Shares Dip on Eurozone, China Gloom
Shares in British banks were down on the FTSE 100 in morning trading as gloomy signs continued to appear in the global economy.
FTSE 100: Lloyds Banking Group, RBS, Barclays and HSBC Share Price Up on Eurozone Hopes
Shares in British banks were up on the FTSE 100 in morning trading as investors appeared to be buoyed by the promise of decisive action on the eurozone debt crisis.
FTSE 100: Lloyds Banking Group and HSBC Share Price Down After Spain Credit Rating Downgrade
Shares in British banks were mixed on the FTSE 100 in morning trading after ratings agency Standard & Poor's downgraded Spain's credit rating.
FTSE 100: Lloyds Banking Group, RBS and Barclays Share Price Up Ahead of Italy Debt Sale
Shares in British banks were broadly up on the FTSE 100 in morning trading ahead of an Italian debt sale.
FTSE 100: Lloyds Banking Group and HSBC Shares Drop After Slovak No Vote
Shares in British banks were mixed on the FTSE 100 in morning trading after a surprise no vote from the Slovak parliament upset European Union plans to increase the size and power of the European Financial Stability Facility (EFSF).
FTSE 100: Lloyds Banking Group, RBS, Barclays and HSBC Down Ahead of Slovak Vote
Shares in British banks were broadly down on the FTSE 100 in morning trading as investors, unusually perhaps, awaited news from Slovakia.
European Economic Crisis Continues as Portuguese and UK Banks Downgraded
Eurozone Economic Crisis Continues as Portuguese and UK Banks Downgraded
Barclays Named As Most Complained About Bank
Barclays is the most complained about bank in the UK in the first half of 2011, with 251,563 complaints received.