HSBC scales back UK's investment banking arm

The lender’s better-than-expected performance in investment banking was overshadowed by a drop in profit and shares slumped ...
Wells Fargo's co-CEO of corporate and investment banking (CIB), Jon Weiss, has informed the bank of his intention to retire ...
Nick Leeson went from being a symbol of everything that is wrong with financial markets to investigating the kind of misconduct he became famous for.
Jon Weiss, who led the unit with Fernando Rivas, will step down and Rivas will become the sole CEO of the lender’s corporate ...
Goldman Sachs' Ryan Nolan, a partner in the technology, media and telecommunications group and global co-head of software investment banking, is leaving the bank, according to a memo seen by Reuters ...
Wells Fargo said Jon Weiss is retiring as co-chief executive of corporate and investment banking, leaving former JPMorgan Chase executive Fernando Rivas as the sole chief of the bank's Wall Street ...
In contrast, Ms Meloni is the leader of a nationalist party with protectionist instincts. â–  For more expert analysis of the ...
The bank on Thursday ditched its closely watched cost target for 2025, saying it wanted to make investments in business. It ...
The Scottish National Investment Bank is at risk of missing its target of investing £2bn by the end of the decade by a fifth, ...
HSBC is pulling back on Wall Street. The London-based bank plans to stop advising companies on doing deals and going public in the U.S., the U.K. and continental Europe, according to a memo sent to ...