retail-banking

Image for Big BYD dealer in eastern China goes out of business, local media reportsFinance

Big Byd Dealer in Eastern China Goes Out of Business, Local Media Reports

Image for Citi's Polish unit to sell consumer banking business to VelobankFinance

Citi's Polish Unit to Sell Consumer Banking Business to Velobank

Image for Chinese electric automaker BYD will launch compact SUV in France at 28,990 eurosFinance

Chinese Electric Automaker Byd Will Launch Compact Suv in France at 28,990 Euros

Image for Macron's chief of staff to join French bank Societe Generale, L'Opinion reportsHeadlines

Macron's Chief of Staff to Join French Bank Societe Generale, L'Opinion Reports

Image for HSBC to sell Bahrain retail banking operations as restructuring progresses

HSBC to Sell Bahrain Retail Banking Operations as Restructuring Progresses

Date: February 18, 2025

(Reuters) - HSBC said on Tuesday it has agreed to sell its retail banking operations in Bahrain amid a wider restructuring at the bank. The deal will see a transfer of retail loans, deposits and...

Image for Ferragamo's sales down 4% in fourth quarter, sees "encouraging results"

Ferragamo's Sales Down 4% in Fourth Quarter, Sees "encouraging Results"

Date: January 30, 2025

MILAN (Reuters) - Italian luxury goods group Salvatore Ferragamo said on Thursday its revenue dropped by 4% at constant currencies in the fourth quarter, flagging "encouraging results" from its direct...

Image for Santander reviews UK retail banking presence amid broader assessment, source says

Santander Reviews UK Retail Banking Presence Amid Broader Assessment, Source Says

Date: January 20, 2025

(Reuters) -Banco Santander is reviewing its presence in Britain, a person familiar with the matter said, two decades after its acquisition of Abbey National made it a major player on the country's...

Image for StanChart targets $200 billion in new wealth assets over next five years

StanChart Targets $200 Billion in New Wealth Assets Over Next Five Years

Date: December 3, 2024

By Lawrence White LONDON (Reuters) – Standard Chartered will target $200 billion in new assets and double digit growth in income from its wealth business over the next five years, it said on Tuesday, as part of a wider strategy to shift to higher fee-earning businesses. The statement from the bank expands on ambitions it...

Image for Standard Chartered mulls sale of wealth, retail operations in Africa

Standard Chartered Mulls Sale of Wealth, Retail Operations in Africa

Date: November 27, 2024

By Rishav Chatterjee (Reuters) -Standard Chartered is exploring a potential divestment of its wealth and retail banking operations in Botswana, Uganda and Zambia, it said on Wednesday, as the banking giant looks to free up capital in the midst of a broad shake-up. The Asia-focussed lender, like rival HSBC, is restructuring its business to focus...

Image for Standard Chartered mulls sale of wealth, retail operations in Africa

Standard Chartered Mulls Sale of Wealth, Retail Operations in Africa

Date: November 27, 2024

(Reuters) -Standard Chartered is exploring a potential divestment of its wealth and retail banking operations in Botswana, Uganda and Zambia, it said on Wednesday, as the banking giant restructures its operations in a bid to trim costs. The Asia-focussed lender, like rival HSBC, is shaking up its business to focus more on affluent individual customers...