News

The mistake resulted in the share price of Britain’s largest bank rising more than 10 per cent

Investment Insider: UK firms to prosper from Japan's revival

Abenomics is aiming to turn around the country's fortunes

James Ashton: Shaken and stirred, Sir John Bond is ousted after digging himself into a hole at miner

Mr Bond, we've been expecting you. The ambush that greeted Sir John Bond in a small Swiss theatre was every bit as dramatic as the assaults his namesake superspy has faced over the years.

Banks get reprieve on current accounts

Britain's high street banks have been let off the hook by the Office of Fair Trading, which has decided not to refer them to the Competition Commission over the current account market.

HSBC boss Stuart Gulliver warns 14,000 more jobs to be cut

HSBC today warned that it could cut up to another 14,000 jobs worldwide as chief executive Stuart Gulliver continues to take the axe to the cost base of Europe’s biggest bank.

The News Matrix: Tuesday 14 May 2013

Service stations told to advertise prices

Naturalist and television presenter Bill Oddie; HSBC's London HQ; Deforestation in the Malaysian Borneo state of Sarawak

What the Sunday Papers said…

The Independent on Sunday: HSBC job cuts as restructuring goes ahead

The Business Matrix: Monday 13 May 2013

BP moves staff from Tripoli

HSBC set to announce more job cuts to make it leaner and meaner

HSBC could announce more job cuts on Wednesday, when investors will be told that the chief executive, Stuart Gulliver, will push ahead with plans to produce a leaner, more streamlined bank.

Unite union said Lloyds Banking Group has announced almost 2,750 job losses since the start of the year

850 jobs go as Lloyds axes Southend base in bid to reduce costs

Lloyds Banking Group came under attack today for cutting hundreds more jobs and planning to close a large office.

James Moore: HSBC may be coining it in now, but it still has key questions to answer

Outlook Remember when the banks were getting pilloried for making too much money? They've been so busy losing it recently that it seems like a very long time ago.

Profits almost double to $8.4bn at HSBC

HSBC profits almost double to $8.4bn but more jobs may be lost

Chief executive Stuart Gulliver hints more job cuts could be on the way

HSBC is boosted as the banks 'reform'

After a lengthy stint in the stocks, the big banks started to edge back into favour last week. Signs that their cost-cutting is paying off and they might actually be reformed characters may have even stopped people hating them quite so much.

The Business Matrix: Tuesday 7 May 2013

HSBC profits to rise as costs cut

HSBC is off to a flier on results

Banking giant’s chief executive is racing ahead of schedule with his efforts to reduce costs

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