HSBC to axe 82 UK branches, cut services in others
HSBC plans to axe 82 branches in Britain this year after a drop in footfall across its retail network and a surge in digital banking.
Recent
Bank of America points to economic recovery as profit beats estimates
Bank of America Corp posted a drop in fourth-quarter profit on Tuesday that still topped Wall Street expectations.
Goldman Sachs profit more than doubles on underwriting, trading boost
Goldman Sachs Group Inc dwarfed Wall Street estimates as its fourth-quarter profit more than doubled.
Investing legend James Simons steps down as chairman of Renaissance Technologies
Legendary investor James Simons has stepped down as chairman at his secretive hedge fund Renaissance Technologies.
Lawsuit Says Provider Used Plan to Promote Its Own Funds
Associated Banc-Corp is also accused of allowing the plan to pay excessive recordkeeping fees to its subsidiary.
Four things that could pop the 'rational bubble' in equities: Mohamed El-Erian
Mohamed El-Erian thinks the path of least resistance continues to be upwards as equities float along in a “rational bubble.”
Citigroup profit beats, but shares dip on higher costs, weak revenue
Citigroup Inc reported a 7% decline in fourth-quarter profit on Friday, beating market expectations but failing to draw Wall Street approval.
