HSBC reported a pre-tax profit of $32.3bn for 2024 which exceeded analyst forecasts, and announced a new $2bn share buyback. For the final three months of 2024, pre-tax profit came in at $2.3bn, up $1 ...

In line with UK and Swiss markets — also confirmed in January — the European Commission said last week that the EU will transition to T+1 in October 2027, a move which now awaits approval from the ...

The bank in April 2022 began raising its key interest rate from a low of 0.1 per cent to a peak of 4.75 per cent in May 2023.