HSBC surprised the industry last week as news broke that it had fired investment bankers on the same day they were due to hear their bonus figures, and reportedly gave no bonuses to many it laid off.
Four of China’s largest banks will raise a combined Rmb520bn ($72bn) via share sales to investors including the country’s ministry of finance, in the latest measure to shore up confidence in the world ...
The Bank of London is six months late in publishing its annual accounts as questions persist over the financial health of the troubled UK fintech.
A year since the ransomware attack on UnitedHealth Group revealed holes in the healthcare giant’s cyber defences, I see similar cracks in another huge industry: banking. Can banks learn lessons from ...
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