HSBC dumps London tower for smaller office as real estate reckoning unfolds
HSBC’s move to ditch its 45-floor Canary Wharf tower in favour of a much smaller development in central London is one of the most visible examples yet of an office…
HSBC clients query bank on climate, one to review engagement
HSBC is facing queries from customers about its commitment to fight climate change after a senior banker downplayed the risks, sources told Reuters, with at least one large institutional investor…
HSBC under fire in UK for backing China’s Hong Kong law
Asia-focused banking giant HSBC’s vocal support for China’s controversial Hong Kong security law has not been well received in Britain, the former ruler of the city. The London-headquartered lender last…
HSBC gets top adviser role in Qatar for first time since Gulf row
HSBC has been hired by a state-controlled port operator in Qatar, QTerminals, to coordinate a $500 million loan, sources familiar with the matter said, securing its first mandate as top…
Axe BCCI, but not HSBC
Few today would remember those 40 years ago, Agha Hasan Abedi set up the Bank of Commerce and Credit International, better known by its initials BCCI.Within a decade, it was…
Wall Street sees new obesity pills as priced near Wegovy and Zepbound
US prices for obesity-treatment pills that Eli Lilly and Novo Nordisk aim to launch next year likely will be on par with their weight-loss injections, analysts and investors say, in…
Ethereum
Ethereum is a decentralised blockchain platform and the world’s second-largest cryptocurrency by market capitalisation, following Bitcoin. As of now, its market capitalisation stands at approximately $440 billion, with its native…
Emerging market debt sale surge defies global turmoil amid signs of de-dollarisation
Emerging market debt sales boomed in the first half of the year, defying tariff tantrums, missile attacks and gyrating oil prices, on track for another year of records - and…
Investors shore up defences against another August market rout
Big investors are preparing for the normally thinly-traded months ahead with even more caution than usual as risks of oil price volatility or fresh tariff shocks could shake up the…
China eyes negotiations as Trump threatens new tariffs
As Donald Trump steps up his tariff threats against China, Beijing is moving to beat the next US president to the punch with its own restrictions and get Washington to…
