HSBC’s UK chief executive Ian Stuart told members of parliament on Tuesday that cyber security has become the bank’s single largest cost, as it faces relentless attacks from online criminals.

“Qatari banks are well capitalised and profitable, and we expect this to persist in the next 12 to 24 months,” says Juili Pargaonkar, senior analyst at S&P Global Ratings. She expects that ...

Economic growth to be sustained by natural gas unlike other GCC countries amid geopolitical and trade tensions ...

HSBC is to partner with the European Bank of Reconstruction and Development in a new initiative designed to mobilise more ...

Research from the UK regulator published on Friday shows that approximately 3.5mn adults relied on high-cost credit in the 12 ...

Donald Trump’s executive order in February calling for a plan to establish a US sovereign wealth fund was short on details ...

Phil Roberts, Emea head for global corporate and investment banking clients, on being kind and his unorthodox career roots ...

Senior US Democrats have criticised the chief executives of leading financial institutions, including JPMorgan, Citigroup, Bank of America, Wells Fargo, Morgan Stanley and Goldman Sachs, for pulling ...

A draft version of the government’s banking reform bill, due to be published on June 6, is expected to require UBS to fully match the capital held by its foreign subsidiaries with equivalent capital ...

Italy is standing by the conditions it set for UniCredit’s €14bn takeover bid for Banco BPM, as the government prepares to ...

UK banks want the government to publicly defend their financing of defence companies, saying they have faced a wave of ...

The problem for Goldman is that this is not the first time senior staff at the bank have been used as bait for scams. A ...