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BUSINESS

Standard Chartered bank to cut 15,000 jobs worldwide

Digital Desk -
Standard Chartered is to slash 15,000 jobs worldwide and is making a $5.1bn cash-call to investors as part of a major overhaul to shore...
BUSINESS

HSBC quarterly profit surges by third as costs fall

Digital Desk -
HSBC Holdings reported in Hong Kong that pre-tax profit has jumped by a third in the latest quarter as it paid out less in...
EUROPE

Greek banks need €14.4bn to get on track, says ECB

Digital Desk -
Greece’s battered banks need €14.4bn (£10.2 billion) in fresh money to get back on their feet and resume normal business, the European Central Bank...
BUSINESS

RBS endures sharp fall n Q3 profits

Digital Desk -
British taxpayer-backed Royal Bank of Scotland has revealed a sharp fall in third-quarter profits. Pre-tax profit before one-time items and restructuring costs came in at...
BUSINESS

New Barclays boss in line for £8.2m remuneration package

Digital Desk -
New Barclays boss Jes Staley could earn up to £8.2m a year, it has been revealed. The bank confirmed Mr Staley as its new group...
BUSINESS

Wall Street stocks gain as ECB says it’s ready to act

Digital Desk -
US stocks moved slightly higher as markets calmed after a recent bout of turmoil. Investors on Thursday were encouraged by comments from European Central Bank...
BUSINESS

Barclays chief signals more job losses despite profit rise

Digital Desk -
Barclays boss John McFarlane has signalled more job cuts to come at the bank as he set out plans to ramp up earnings growth...
BUSINESS

Fraudsters’ access to Barclays data revealed

Digital Desk -
Fraudsters had access to the personal details of 30,000 Barclays customers for up to seven years, it has been revealed. Private information on jobs, salaries...
FINANCE

Takeover of TSB approved by UK regulator

Digital Desk -
TSB’s takeover by Spanish bank Banco de Sabadell has been sealed after UK City regulators gave the £1.7bn deal the green light. Sabadell agreed to...
FINANCE

China now has three of world’s top 5 banks

Digital Desk -
Chinese banks now have three banks in the world’s top five banks, with ICBC in top spot for the third year in a row...
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