The firestorm at HSBC"s investment bank is escalating as the bank hits back against internal dissent

Relying on the recently scorned investment bank to improve revenue is a gamble. This doesn’t feel like a different direction......»»

HSBC Holdings has hired U.S. investment bank Lazard Ltd to sell its French retail business, a source close to the matter told Reuters, as part of a plan by new interim chief executive Noel Quinn to reduce costs across the banking group......»»

Welcome back to Form D Friday, where we take a look at regulatory filings in North Texas to see which businesses and firms are raising capital for a new project, investment idea or for something else......»»

Japan's economy grew at a slower pace than initially estimated in the second quarter as the U.S.-China trade war prompted a downward revision of business spending, intensifying calls for the central bank to deepen stimulus this month......»»

Deutsche Bank plans to scrap its global equities business and scale back its investment bank in a sweeping, 7.4 billion euro overhaul designed to turn around the struggling German flagship lender......»»

Deutsche Bank's chief ex.....»»

Deutsche Bank's chief executive is prepared to make "tough cutbacks" in its investment banking business, whose future is in doubt after several failed restructurings, in order to be profitable and competitive......»»

Deutsche Bank investors are renewing calls for it to scale back its investment bank division ahead of what promises to be a challenging annual shareholder meeting next week......»»

Banks and financial institutions dramatically increased their political spending as Congress debated, and then passed, legislation last year that rolled back several key industry regulations......»»

As traders focused on bank earnings and the outlook for global growth, NBC News wrested the market's attention back toward Facebook by publishing a report on what appears to be the largest leak of internal documents since the data pr.....»»

Goldman Sachs Group Inc'sN> global head of the investment bank's consumer and retail group, Rob Sweeney, will step down at the end of April, according to an internal memo seen by Reuters......»»

Citigroup, the global investment bank with a major presence in Asia, has ousted eight equities traders in Hong Kong and suspended three others after a sweeping internal investigation into its... To view the full story, click the title link......»»

HSBC is stepping up a root-and-branch overhaul of its global banking and markets division, naming 83 new managing directors in a 1,300-strong promotions spree aimed at revitalizing its investment banking franchise......»»

Deutsche Bank reports that its profit fell to 120 million euros ($146 million) in the first quarter as exchange rates and lower revenues at its investment bank weighed on profits......»»

FRANKFURT (Reuters) - Deutsche Bank's new chief executive Christian Sewing took firm action on its long-troubled investment bank on Thursday, cutting back bond and equities trading after a dramatic drop in quarterly profit......»»

FRANKFURT (Reuters) - Deutsche Bank announced cutbacks to its bond and equities trading on Thursday in a major overhaul of its troubled investment bank, after posting a 79 percent drop in net profit in the first quarter......»»

FRANKFURT (Reuters) - Deutsche Bank is expected to cut around 1,000 jobs or 10 percent of its workforce in the United States, a person familiar with the matter said on Friday, as the German lender scales back its global investment banking ambitions......»»

The e-commerce giant will be the first to reach that milestone, according to an investment bank......»»

PARIS (Reuters) - BNP Paribas , France's biggest bank, reported a 17 percent decline in quarterly net profit, in line with expectations, as a weaker dollar and sluggish fixed income trading impacted investment banking revenues......»»

Investment portfolios need to move with the times. What worked back in the day, may not be appropriate for today’s investor. Of all the equitie.....»»