Banking
HSBC, Temasek launch debt financing platform
HSBC Holdings and Singapore state investor Temasek teamed up to set up a debt financing platform. This is for sustainable infrastructure projects, with an initial
HSBC Holdings and Singapore state investor Temasek teamed up to set up a debt financing platform. This is for sustainable infrastructure projects, with an initial
Two of Australia’s big banks are facing a multi-million dollar claim in New Zealand. More than 150,000 customers were not refunded, the interest and fee
European Central Bank President Christine Lagarde and board member Fabio Panetta urged patience before tightening the ECB’s ultra-easy policy. This is as the euro zone economy emerges
The central bank governor Pablo Hernandez de Cos said that the Bank of Spain will revise down its latest economic forecasts for 2021. This is after the Spanish statistics
Bank of Ireland blamed state-imposed curbs on bankers pay. Chief Financial Officer Myles O’Grady would leave the bank and join Irish food group Musgrave. Ireland capped executive pay at
Credit Suisse’s board of directors is convinced that Chief Executive Thomas Gottstein is the right person to strategically realign the bank. This realignment can be done by
Bank of England Deputy Governor Sam Woods said that scrapping a cap on bankers’ bonuses inherited from the European Union is not a top priority. Other curbs
Deutsche Bank says that there should be consolidation in the European banking sector. Chief Financial Officer James von Moltke said that the task in hand is to prepare
Britain’s central bank looks set to keep interest rates steady. This is because, it approaches the end-point of its 895-billion-pound asset purchase program. They are
According to a memo, the Credit Suisse has poached Deutsche Bank‘s Israel Fernandez to lead its financial institutions group (FIG) in Europe, the Middle East and
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