HSBC, Europe’s largest bank, said it’s exploring the sale of its Brazil operation. Photo: PA Wire

HSBC, Europe’s largest bank, said it’s exploring the sale of its Brazil operation among strategic options for the unit as it retreats from unprofitabl(...)

The UBS AG company logo hangs above the entrance to the company’s Broadgate offices in London. UBS Group  will pay $545 million to settle US investigations into its role in manipulating currency and interest rates. Photograph: Bloomberg

They were known as the “Cartel” or the “Mafia” among their peers. The unsubtle nicknames were given to a group of traders who at one time worked for f(...)

HSBC apologised in February after reports dubbed ‘Swiss leaks’ said the bank’s Swiss unit harboured the cash of tax dodgers, drug cartels and arms dealers.

HSBC’s Geneva private bank is no longer a place where wealthy people go to hide untaxed assets, according to Franco Morra, chief executive officer for(...)

The FTSE 100 Index surged by as much as 2 per cent on Friday after a better-than-expected election performance for the Conservatives cheered the City. Sterling jumped the most since 2009 against the euro, and climbed at least 0.9 per cent versus its 16 major peers. Photograph:  Tim Ireland/PA Wire.

The FTSE 100 Index surged by as much as 2 per cent on Friday after a better-than-expected election performance for the Conservatives cheered the City(...)

Profits at Irish-based aircraft leasing specialist, Avolon, grew almost 36 per cent to $49.4 million (€44 million) in the first quarter of the year, a(...)

Analysts expect Sainsbury’s to report its first loss in a decade after being hammered by hefty property writedowns

It’s not every day that a chief executive with a criminal conviction for embezzlement delivers his company’s results to the City, let alone the head o(...)

China’s factories suffered their fastest drop in activity in a year in April as new orders shrank, a private business survey showed on Monday, harden(...)

Audi R8: the company’s results are out today.   Photograph: Ian West/PA Wire

TODAY Results: Audi; First Bancorp; Perrigo. Indicators: US factory orders (March); Chinese HSBC manufacturing PMI (April); Euro zone Markit manufa(...)

HSBC Holdings’s shares jumped the most since 2011 in Hong Kong after a newspaper reported that the lender may spin off its UK retail bank and the comp(...)

CRH closed up 2.8 per cent at €26.55, following the announcement that regulators had cleared its planned €6.5bn purchase of assets from Holcim and Lafarge. (Photograph: Brenda Fitzsimons)

World stocks hit all-time highs on Friday as corporate updates in Europe and a post- dot.com-boom peak for the US Nasdaq stoked investor optimism. Eur(...)