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HSBC to Take $3 Billion in Losses on Sale of Troubled French Bank
Business, Simon Clark, Published on 21/06/2021
» HSBC Holdings PLC expects to take $3 billion in losses as part of an agreement to sell its unprofitable French retail bank, in a sign of the souring fortunes of European banking.
Europe's Banks Rush to Restructure
Business, Margot Patrick & Simon Clark, Published on 25/08/2020
» At beleaguered European banks, coronavirus is fast-tracking plans for fundamental restructuring after years of poor performance.
Barclays CEO Under Investigation Over Links to Jeffrey Epstein
Business, Simon Clark, Published on 14/02/2020
» Barclays PLC said U.K. regulators are probing the relationship between its American Chief Executive Jes Staley and Jeffrey Epstein, the disgraced financier who died in jail last year.