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European markets turn negative; HSBC shares tick up 4.5% as earnings beat expectations

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European markets turned negative Tuesday afternoon, as traders in the region continued to digest the latest slew of earnings reports and looked ahead to...
Bussiness

HSBC announces fresh $3 billion share buyback as third-quarter earnings beat expectations

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HSBC Holdings Plc building at Canada Square in Canary Wharf financial district on 15th August 2023 in London, United Kingdom.  Mike Kemp | In Pictures...
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Barclays profit jumps 23% in third quarter, beating expectations

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Signage shines through a window reflecting Barclays head office in Canary Wharf, London, U.K.Bloomberg | Getty ImagesLONDON — British bank Barclays on Thursday reported £1.6 billion ($2...
Bussiness

HSBC names Pam Kaur as first female CFO amid major restructuring

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Aaron P | Bauer-Griffin | GC Images | Getty ImagesHSBC on Tuesday named veteran insider Pam Kaur as its first female finance chief and...
Bussiness

OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity

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OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has learned. It follows news...
Bussiness

The popular ‘carry trade’ is unwinding — and economists fear Fed rate cuts could make matters worse

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Pedestrians walk past a currency exchange shop in central Tokyo on April 17, 2024.Richard A. Brooks | Afp | Getty ImagesRapid interest rate cuts...
Bussiness

UK lenders slash mortgages as Bank of England rate cut brings relief to homeowners

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A row of traditional houses on a street in London's Muswell Hill suburb, located to the north of London, with views of the Canary...
Bussiness

European markets head for mixed open ahead of Bank of England decision

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General view of the Bank of England building in London.Sopa Images | Lightrocket | Getty ImagesLONDON — European markets are set to open mixed...
Bussiness

HSBC shares rise 2% after profit beat, $3 billion buyback announcement

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Aaron P | Bauer-Griffin | GC Images | Getty ImagesLONDON — Europe's largest lender HSBC on Wednesday declared a share buyback program of up...
Bussiness

Revolut moves global HQ to heart of London’s financial district as it awaits UK bank license

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A mockup of what Revolut's new global HQ in Canary Wharf will look like. The firm said it plans to display its logo on...

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