Barclays on cost-cutting spree, mulling to make hundreds of job cuts
One of the main players in British finance, Barclays, is getting ready to create ripples in the constantly...
banking
banking
Police resorted to guarding ATMs in Ireland after a glitch at the country’s biggest bank let some people take out over $1,000 of cash they didn’t have
Imagine waking up to discover that your bank account had unexpectedly changed into a lottery ticket, giving you...
Wells Fargo Customers Raise Alarm Over Missing Deposits from Bank Accounts
A “limited number” of Wells Fargo customers have been left frustrated and concerned as they reported difficulties in...
UBS completes emergency acquisition of Credit Suisse, gains clout as global wealth player
On Monday, UBS informed that it had completed its emergency acquisition of the rival credit Suisse, leading to...
UBS to impose restrictions on Credit Suisse bankers after takeover complete, says FT
Citing people familiar with the matter, the Financial Times said on Sunday that UBS AG is set to...
UBS Acquisition of Credit Suisse to Finalize on Monday, Credit Suisse CEO’s Memo Indicates
According to an internal memo obtained by Bloomberg News, Ulrich Koerner, the Chief Executive of Credit Suisse Group...
HSBC to Rebrand Silicon Valley Bank UK as HSBC Innovation Banking
A noteworthy step is the rumoured plan for HSBC Holdings (HSBC) to rebrand Silicon Valley Bank UK, which...
Baring EQT set to buy HDFC’s education loan unit for up to $1.5 billion – ET
Baring Private Equity Asia EQT is all ready to acquire India-based Housing Development Finance Corp’s (HDFC) educational loan...
First Citizens Bank Announces Layoffs after Acquiring Silicon Valley Bank
In an unexpected turn of events, Raleigh, North Carolina-based First Citizens Bank announced layoffs as a result of...
HSBC’s Strategic Shift: Unveiling the Path to Asian Expansion
HSBC, a British bank, is considering withdrawing from approximately 20% of the countries it currently operates in as...