Harry Wilson

3 days ago | bloomberg.com | Harry Wilson

Private credit firms enjoy a “significant” capital advantage over traditional banks that’s unlikely to disappear, according to Bill Winters, chief executive officer of Standard Chartered Plc. Speaking in a Bloomberg Television television interview aired Tuesday, Winters said banks had to deal with higher capital costs than private credit firms due to hikes in capital ratios enacted in the years following the global financial crisis of 2008.

3 days ago | news.bloombergtax.com | Harry Wilson

Private credit firms enjoy a “significant” capital advantage over traditional banks that’s unlikely to disappear, according to Bill Winters, chief executive officer of Standard Chartered Plc. Speaking in a Bloomberg Television television interview aired Tuesday, Winters said banks had to deal with higher capital costs than private credit firms due to hikes in capital ratios enacted in the years following the global financial crisis of 2008.

1 week ago | bloomberg.com | Ambereen Choudhury |Nicolas Parasie |Denise Wee |Harry Wilson

HSBC hat nach Angaben von informierten Personen in den letzten Tagen mehr als zwei Dutzend Analysten entlassen. Damit vertieft die größte europäische Bank die Umstrukturierung ihres Investmentbanking-Geschäfts. Zu den Betroffenen gehöre auch Steven Major, der globale Leiter des Bereichs Fixed Income Research der HSBC mit Sitz in Dubai, sagten die Personen, die nicht namentlich genannt werden wollten. Die meisten Entlassungen beträfen Europa, hieß es.

2 weeks ago | bloomberg.com | Harry Wilson

The HSBC Holdings Plc UK headquarters in London. (Bloomberg) -- US businesses are the most worried about the impact of President Donald Trump’s shifting tariff policies on their revenues, with more than half projecting a hit of at least 25% to their revenue, according to a survey by HSBC Holdings Plc.

2 weeks ago | bloomberg.com | Harry Wilson |Meg Short

A sign above an HSBC UK bank branch in Maidstone. (Bloomberg) -- HSBC Holdings Plc has told its UK-based retail bank employees that they could see their bonuses cut if they failed to show up in office frequently enough.