India’s central bank has barred Mastercard indefinitely from issuing new debit or credit cards to domestic…
Category: Banks
Prince William: Banks must do more to protect environment
The Duke of Cambridge has urged banks to “invest in nature” to help fight global climate…
HSBC share price rockets 50% since its 25-year low
HSBC has seen its share price rocket more than 50% since it hit a 25-year low…
HSBC’s shares dive to lowest level since 1995 in HK
HSBC’s share price in Hong Kong has fallen to its lowest level since 1995 amid allegations…
CEO of major Asian bank says ‘a big, big challenge’ is looming for the global economy
The economic aftermath of the coronavirus pandemic is likely to worsen when authorities start rolling back…
Money printer hopes virus crisis boosts demand for fresh bank notes
Countries may replace banknotes more frequently because of the coronavirus crisis, De La Rue chief executive…
Bank of England ‘ready to act’ as economy shrinks record 20%
Bank of England governor Andrew Bailey has said he will be “ready to take action” to…
Bank boss tells lenders to be ready for no-deal Brexit risk
The Bank of England governor has told lenders to be ready for the possibility that the…
Banks bow to pressure and axe shareholder payments
Some of the UK’s biggest banks have agreed to scrap dividend payments and hold onto the…
Coronavirus is already impacting the UK economy, Bank of England’s Carney says
The United Kingdom is already seeing an economic impact from the coronavirus outbreak, the outgoing Bank…
Eurozone bank tries to ease coronavirus crisis
The European Central Bank (ECB) has announced steps to tackle the economic impact of the coronavirus…
HSBC’s pre-tax profit for 2019 fell 33% to $13.35 billion, missing expectations
HSBC on Tuesday reported a 32.9% fall in pre-tax profit for 2019 to $13.35 billion — missing expectations…