Societe Generale

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HSBC currently employs more than 238,000 staff. Photograph: iStock

HSBC has embarked on a cost-cutting drive that threatens up to 10,000 jobs, as its new interim chief executive Noel Quinn seeks to make his mark on th(...)

Oil prices fell during the summer.

A rogue trader at Mitsubishi in Singapore has lost $320 million (€289 million) through failed bets on the oil price in a case reminiscent of the scand(...)

Raisin bank is expected to accept lump sums from  €2,000 to €5,000, depending on the partner bank, up to a maximum of €100,000

Raisin Bank is eyeing up a launch in Ireland at the end of this month, looking to capture a slice of the €100 billion Irish deposits market by offerin(...)

British media reported that Mr Johnson had called an emergency cabinet meeting for later on Monday

Sterling weakened on Monday as British media reported that Boris Johnson was preparing to call an election on the eve of a clash between the governmen(...)

Earlier in the day, the pound had weakened by 0.5 per cent to 91.71 pence. Photograph: Bloomberg

Sterling briefly rebounded from near three-year lows versus the euro on Tuesday after German chancellor Angela Merkel said the European Union would th(...)

Record low yields are being fueled by rising expectations of policy easing by the European Central Bank. Photograph: Kai Pfaffenbach/Reuters

Less than a decade ago, investors could barely be compensated enough to hold the bonds of Spain and Portugal for fear the nations could be severed fr(...)

Earlier this month, Barclays said that it had cut 3,000 jobs, or almost 4 per cent of its total workforce, in the second quarter. Photograph: Ian West/PA Wire

Global investment banks are shedding tens of thousands of jobs as falling interest rates, weak trading volumes and the march of automation create a br(...)

The broader US stock market was down marginally in afternoon trade. Photograph:  Brendan McDermid/Reuters

US stocks recovered and curtailed a rally in government bonds on Wednesday as investors pushed back against deepening concerns over global growth, aft(...)

Glanbia chief executive Siobhán Talbot. The company’s share price was down 8.2% to €10.83 on Thursday.

European shares ended higher on Thursday as strong earnings from British American Tobacco and a multibillion dollar merger in the financial sector hel(...)

Traders work on the floor at the New York Stock Exchange. Photograph: REUTERS/Brendan McDermid

Global stocks keep making new highs, even as falling bond yields indicate things may be getting trickier for the global economy. What gives? Stocks of(...)

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