HSBC’s new gameplan: Investment banking retrenchment, more focus on Asia
LSEG data indicates that HSBC earned USD 107.3 million, or 7% of the total fee pool, in 2024, the highest amount of investment banking fees in the MENA region...
Tag : banking
Deutsche Bank may exit some businesses, CEO says after profit miss
Deutsche Bank has changed its target for this year's cost-to-income ratio from less than 62% to less than 65% to make investments...
Sanctions hurt, but Russia’s banks keep profiting
Given that a large portion of Russia's financial reserves was held abroad, the freezing of these assets led to immediate concerns about the ability to manage balance sheets...
Is UniCredit building a European banking empire?
The acquisition of Commerzbank shares by UniCredit did not go unnoticed within German political circles...
The Access Bank UK Limited: A trusted partner for global & African trade
Aligned with the vision of its parent company, Access Bank Plc, The Access Bank UK Limited is committed to sustainable growth...
Dealmaking could surpass 10-year averages in 2025: Goldman Sachs CEO David Solomon
When asked if the bank could begin trading cryptocurrencies, David Solomon responded that rules would have to change for the bank to be able to do so...
Savings clubs: Good or bad for Zimbabwe?
Savings clubs have become a source of capital for many people on the economic margins...
Switzerland: A tax haven for the ultra-wealthy
Corporate tax rates in Switzerland are highly competitive, offering numerous advantages for multinational companies...
Business Leader of the Week: Under CEO Paul Thwaite, NatWest eyes full privatisation by 2025
Paul Thwaite said that it is reasonable to expect that absent some big dislocation or economic event we’ll be back in private ownership next year, maybe as early as the first half of the year...
Banco BPM CEO Giuseppe Castagna boss warns of job losses in UniCredit deal
UniCredit's bid for Banco BPM has managed to catch the attention of the Italian banking sector's main union, as it raised concerns about the potential impact of the deal on jobs...