In a statement released this morning, the Competition and Markets Authority (CMA) confirmed that the banks have agreed to pay ...

Citi, HSBC, Morgan Stanley, and Royal Bank of Canada—have been fined a combined total of more than £100mn by the UK’s ...

The Competition and Markets Authority (CMA) said that Citi would pay around £17.2 million, HSBC would pay £23.4 million, ...

HSBC added that it plans to incur costs of US$1.8 billion over 2025 and 2026 to deliver the reductions. Mr Elhedery has moved ...

Four banks – Citi, HSBC, Morgan Stanley and Royal Bank of Canada – have settled and agreed to pay fines totalling ...

Townhall The UK bank’s abrupt retrenchment from equity underwriting and advisory services outside its core markets of Asia ...

Four major banks, including HSBC, Citi, Royal Bank of Canada (RBC), and Morgan Stanley, have been fined a total of £104.4 million after traders were found sharing sensitive market information between ...

HSBC ups profits but has slight shortfalls in revenue in 2024 full-year results amid company restructure beginning Jan 1 ...

As part of the plan, HSBC has started to scale down its investment banking and capital markets activities in the US, UK and Europe. It also plans to sell its private bank in Germany and its ...

Four of the largest banks in ... £100m to the UK competition watchdog after traders shared market sensitive information about gilts in private chatrooms. Individual traders at HSBC, Morgan ...