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By Alun John HONG KONG (Reuters) -HSBC announced it is withdrawing from U.S. mass market retail banking by selling some parts of the money-losing business and...
By Sam Nussey and Takashi Umekawa TOKYO (Reuters) -SoftBank Group Corp’s bank borrowing climbed by 42% in the year to March-end with the increase shouldered by...
FinTechs are approaching their next maturity milestone – profitability – as they demonstrated resilience during the COVID-19 pandemic with verticals recording double-digit growth despite sector-wide operational...
LONDON (Reuters) – Financial regulators should undertake a detailed cross-border probe into how the collapse of U.S. investment fund Archegos cost mostly foreign banks more than...
BEIJING (Reuters) – China’s banking regulator has asked lenders to stop selling investment products linked to commodities futures to mom-and-pop buyers, three people with knowledge of...
FRANKFURT (Reuters) -The European Central Bank should not reduce the pace of asset purchases from next month, ECB board member Fabio Panetta said on Wednesday, joining...
By Leika Kihara TOKYO (Reuters) -The Bank of Japan should restrain its purchases of exchange-traded funds (ETF) when markets are calm to prevent its holdings from...
By Joanne Jackson, Group Lettings Operations Director, LRG Banking has gone through radical changes in the past few years, in step with technology and the sheer...
By Laurent Descout, co-founder and CEO of Neo The fintech revolution has swept through the financial services, not only modernising archaic processes but redefining what banking...
(Reuters) – Rabobank is offering metal company clients incentives such as lower interest rates if they meet sustainability targets – and piloting penalties for the laggards,...
BENGALURU (Reuters) – Barclays on Tuesday cut its full-year 2021-22 economic growth forecast for India by 80 basis points to 9.2%, saying the toll from stringent...