S. Arabia borrows $12bln in bonds
Saudi Arabia has raised $12 billion from foreign debt, marking its biggest borrowing since 2017, during a…
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HSBC Holdings Plc
Mastercard launches plan to recycle credit cards
Payments company Mastercard launched an international plan on Wednesday to recycle credit and debit cards to save…
HSBC to pay $35 million to resolve yen Libor litigation in U.S.
HSBC Holdings Plc (HSBA.L) will pay $35 million to end private U.S. antitrust litigation claiming that it harmed…
Why Foreign Inflation Matters to Janet Yellen
Janet Yellen may be about to discover that if all politics is local, all monetary policy is global. As her Federal…
Banks Lift FTSE 100 to Second Day of Gains
U.K.’s FTSE 100 index rose for a second straight day on Wednesday, with investors taking a cue from an upbeat…
Saudis Save $1 Bln A Week As Egypt Counts Wheat, HSBC Says
Oil-rich Gulf Arab countries, led by Qatar and Saudi Arabia, are widening the wealth gap with the region’s energy…
JP Morgan Group Delegation To Visit Egypt Today To Discuss Sukuks
Dr. Ahmed El Naggar, Adviser to Egypt’s Minister of Finance and responsible for Sukuk draft file, announced that US…
HSBC In Talks To Sell $9 Bln Ping An Insurance Stake
HSBC Holdings Plc (HSBA) is in talks to sell its $9 billion stake in Ping An Insurance (Group) Co. (2318), China’s…
Hsbc Probe Brings Promises Regulator, Bank Will Clean Up Act
HSBC Holdings Plc (HSBA) executives apologized for opening their U.S. affiliate to a river of Mexican drug lords’…
Foreign Banks Plan To Expand China Workforce By 56%, Pwc Says
HSBC Holdings Plc (HSBA) and Citigroup Inc. (C) are among foreign banks in China that plan to boost their combined…
