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HSBC Swings to Fourth Quarter Loss; Announces Share Buyback HSBC said it would buy back up to $2 billion in shares, coming after impairments pushed its bottom line to a loss in the latest...
Barclays Announces Strategic Overhaul, Plans to Boost Returns Barclays said it would return at least $12.6 billion to shareholders through 2026 as it announced a cost-cutting drive and plans to...
Investors Look Past Surprise U.S. Inflation Reports By James Christie Good day. Last week's U.S. consumer-price index and producer-price index reports both showed a surprising jump in monthly...
Barclays Leans Away From Wall Street in Revamp Plan The U.K. lender will cap the share of assets devoted to its sprawling investment-banking arm in favor of its home business. Barclays...
Truist insurance-brokerage unit sale price better than expected The deal comes at a time when banks are building up their balance sheets ahead of a potential economic downturn and as federal...