UBS shares retreat 6% as fourth-quarter profit beat, $3 billion buyback fail to impress
UBS shares lost ground after the lender's fourth-quarter results and up to $3 billion share buyback plans failed to impress.Switzerland's ...
Tag: HSBC Holdings PLC
China’s electric car boom is expected to slow down in 2025
New electric vehicles destined for Belgium at a port in Taicang city in eastern China's Jiangsu province on Jan. 11, ...
SoftBank-backed fintech Zopa aims to double profit this year as it eyes 2025 current account launch
Jaidev Janardana, CEO of U.K. digital bank Zopa.ZopaLISBON, Portugal — British online lender Zopa is on track to double profits and ...
Banks are reporting a tenfold surge in digital scams, cybersecurity firm BioCatch says
Leylaynr | E+ | Getty ImagesU.S. and Canadian banks reported a tenfold surge in digital scams this year as criminals ...
HSBC names Pam Kaur as first female CFO amid major restructuring
Aaron P | Bauer-Griffin | GC Images | Getty ImagesHSBC on Tuesday named veteran insider Pam Kaur as its first ...
HSBC exec says there’s a lot of AI ‘success theater’ happening in finance
Big technology companies are betting that a new wave of smaller, more precise AI models will be more effective when ...
OpenAI gets $4 billion revolving credit line, giving it more than $10 billion in liquidity
OpenAI has a $4 billion revolving line of credit, bringing its total liquidity to more than $10 billion, CNBC has ...
Goldman Sachs jumps into bitcoin ETFs and one hedge fund gets bullish on miners
When the SEC opened the door in January for bitcoin exchange-traded funds to hit the mainstream, many traditional financial institutions ...
HSBC appoints Georges Elhedery as group CEO starting Sept. 2
HSBC logo is displayed outside a branch of in the United Kingdom.Matt Cardy | Getty ImagesHSBC announced on Wednesday that ...
Digital bank Monzo posts first full year of profit after more than doubling revenue
A Monzo debit card being used at a payment terminal.MonzoMonzo, the British digital challenger bank, on Monday reported its first ...
