HSBC Holdings (LON: HSBA, NYSE: HSBC) saw its shares tumble 6.7% in early London trading on Tuesday despite reporting a 32% increase in third-quarter pre-tax profit to $9.6 billion and
Barclays profits rise 12% to £2.3bn as bank announces £500m share buyback
Barclays PLC (LON: BARC) has reported a 12% increase in third-quarter pre-tax profit to £2.3 billion and announced a further £500 million share buyback, supported by higher income, stronger UK
Google Cloud outage disrupts Revolut, banking apps and UK websites as London data centre hit
A major Google Cloud outage has disrupted digital banking services, financial applications and websites across the UK, with technical problems affecting the technology giant’s London cloud infrastructure on Tuesday morning.
Bank of England tipped to raise interest rates in November
The Bank of England is expected to raise interest rates in November and February as stronger-than-expected UK economic growth reduces concerns that higher borrowing costs could undermine economic activity, according
HSBC Reportedly Plans Deep UK Wealth Job Cuts as AI Push Accelerates
HSBC Holdings PLC (LON: HSBA) is reportedly planning sweeping job reductions across its UK wealth management operation as the bank increases its use of artificial intelligence and digitally enabled services.
Bank of England Holds Rates at 3.75% as Bailey Warns Hikes May Be Needed
The Bank of England has kept interest rates unchanged at 3.75%, despite inflation rising to a five-month high and mounting pressure from higher energy prices.
Bank of England Expected to Hold Rates Despite Inflation Rising to 3.1%
The Bank of England is expected to keep interest rates unchanged at 3.75% on Thursday, despite UK inflation rising to a five-month high.
UK mortgage rates reach five-month high amid rate rise fears
UK mortgage rates have climbed to their highest levels in around five months as rising oil prices and resilient economic growth fuel expectations that the Bank of England may be
HSBC Cuts 10% of Senior Bankers in Biggest Cull Since 2010
HSBC has cut around one in 10 of its most senior bankers, marking the largest reduction in its top ranks since detailed disclosure records began in 2010.
RNS Hotlist with Zak Mir: HSBA, MPAL, VUL, SYNT, GEX, KEFI, GDR, GWMO & GMET
The Telegraph: Burnham allows Pc Harper’s killers to walk free early. Criminals guilty of manslaughter eligible for release halfway through sentence following PM’s review of scheme.
Bank of England may restart rate cuts in fourth quarter
The Bank of England could begin cutting interest rates in the fourth quarter of 2026 if energy market pressures ease, according to Andrew Wishart of Berenberg.
Bank of England likely to keep rates steady at 3.75%
The Bank of England is widely expected to hold interest rates at 3.75% at today’s policy announcement, as policymakers take a cautious stance amid escalating tensions in the Middle East.