HSBC Holdings falls on annual profit miss Glencore falls after annual earnings drop U.S. Federal Reserve policy meeting minutes awaited FTSE 100 down 0.6, FTSE 250 flat Feb 21 Reuters The UK39;s FTSE 100 fell on Wednesday, as disappointing earnings updates from HSBC Holdings and Glencore weighed on banking and mining stocks, while investors awaited […]

MOSCOW, Feb 21 Reuters The Bank of Russia on Wednesday said it had revoked the banking licence of Qiwi Bank for engaging in what it described as highrisk operations, sending its Moscowlisted shares plummeting almost 50 to a record low. The central bank, which has taken regulatory action against Qiwi five times in the last […]

Feb 21 Reuters JDE Peet39;s, the owner of coffee brands such as Douwe Egberts and L39;Or, said on Wednesday that new European Union sanctions against Moscow have created uncertainty over the future of its Russian business, sending shares to a record low. JDE Peet39;s said in August last year that it would operate its Russian operations as a standalone […]

Annual pretax profit jumps 78 but misses estimates Shares slide 7 HSBC announces fresh 2 billion share buyback CEO pay doubled in 2023 from a year earlier HONG KONGLONDON, Feb 21 Reuters HSBC Holdings on Wednesday reported a 3 billion charge on its stake in a Chinese bank amid mounting bad loans in the world39;s secondlargest […]

Generative AI has dominated headlines for the last year and promises to be disruptive across numerous industries, including asset management.

As sustainable themes have become increasingly integrated into the construction of equity and fixed income portfolios, investors have begun to extend their sights to the commodity markets.

FRTB rules are finally being rolled out, requiring banks around the world to completely overhaul how they determine their market risk.