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HSBC reveals 36% slide in profits

HSBC (LON: HSBA) has reported a 36% year-on-year drop in profits to $3.1bn (£2.4bn). As profits fell for the three months to September, the lender warned that...

FTSE rallies 1.3% as banking stocks surge

Having bounced back from a five-month low on Thursday, the FTSE decided it would spend Friday in full rebound mode, thanks to banking stocks. Enjoying...

HSBC exposed in $80m Hong Kong Ponzi scandal

Leaked documents belonging to the so-called FinCEN Files - a collation of 2,657 banking documents, of which 2,100 have been classified as 'suspicious activity reports'...

HSBC to axe 35,000 jobs as it watches its profits fall by a third

Multinational investment bank and financial services group HSBC Holdings (LON:HSBA) announced on Tuesday that it would be implementing a large-scale job-cutting programme, as its...

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Nasdaq jumps up in line with strong US employment numbers

Nasdaq recovers slightly from a tough week Nasdaq opened 1.04% up today at $12,856.12 following news of US non-farm payroll figures exceeding expectations. US employment...

US non-farm payroll surges past expectations in February

US non-farm payroll figures show unemployment at 6.2% US non-farm payroll figures significantly outperformed expectations for February, as 379,000 jobs were added to the US...

Vietnam’s COVID-19 Vaccine Plans Come Into Focus

Sponsored by Vietnam Holding. Photo Credit: Michael Tatarski Vietnam’s COVID-19 Vaccine Plans Come Into Focus While the Vietnamese government’s response to the pandemic has been among...