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 ...

Deutsche Bank has appointed Morgan Stanley’s Raja Akram as its new chief financial officer as part of the bank’s latest leadership reshuffle.

The impacts of business activities on biodiversity are clear. Habitat destruction, resource extraction, pollution and climate change have driven extinction rates up to 1,000 times higher than natural ...

Experts suggest Indonesia’s move to launch its first gold bullion banks will be hampered by a lack of preparation and the rapid speed at which they have been set up. President Prabowo Subianto in ...

The UK government must broaden its efforts to tackle authorised push payment fraud by holding telcos and social media ...

HSBC dismissed a group of investment bankers without awarding their bonuses on the day they were due to be informed of their compensation figures, according to a Financial Times report on Wednesday, ...

US banks have urged Congress to reject any renewed legislative effort that could significantly reduce their revenues from credit card transactions. Along with nine other associations representing ...