RESF

HSBC stops Ping An breakup call, raises profit and pay target

HSBC returns to pay quarterly dividends from 2023 Aims to win over investors with higher profitability goal He says the separation of the Asian business carries enormous risks London shares rise 6% LONDON/SINGAPORE (Aug. 1) (Reuters) – HSBA.L has rejected a proposal by China’s Ping An Insurance Group (601318.SS) to split the bank, a move …

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Credit Suisse expected to announce Korner as CEO, latest change on his head – sources

July 26 (Reuters) – Credit Suisse Group AG (CSGN.S) is expected to announce its new CEO, Ulrich Koerner, in the latest management shakeup at the Swiss bank as it struggles to recover from a series of scandals, two people familiar with the matter said. . He said the situation on Tuesday. Pressure has been mounting …

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