Banking Sector
The Latest
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CaixaBank To Merge With State-Owned Bankia In $5.1 Billion All-Share Deal
Analysts predict that the merger between CaixaBank and Bankia could be the start of other consolidations in Europe's struggling banking sector. Analysts predict that the merger between CaixaBank and Bankia could be the start of other consolidations in Europe's struggling banking sector. -
Hong Kong Banks Shifting To Work-From-Home Model Again As Cases Spike
Major banks such as HSBC and Standard Chartered have encouraged their employees to continue working from home if possible amid the spike in new coronavirus cases. Major banks such as HSBC and Standard Chartered have encouraged their employees to continue working from home if possible amid the spike in new coronavirus cases. -
HSBC To Delay Massive Overhaul Plans Amid Ongoing Crisis
HSBC Holdings announced that it will be holding off its previously announced restructuring plan to support its staff during these uncertain times. HSBC Holdings announced that it will be holding off its previously announced restructuring plan to support its staff during these uncertain times. -
Ping An Bank Shares Dip As Shanghai Chief Under Corruption Probe
Ping An Bank's Shanghai chief, Leng Peidong, is reportedly the subject of a corruption investigation by China's Central Commission for Discipline Inspection. Ping An Bank's Shanghai chief, Leng Peidong, is reportedly the subject of a corruption investigation by China's Central Commission for Discipline Inspection.