HSBC doubles annual profits as bad Covid loans fail to materialise
Rising interest rates worldwide to lift income, bank says
HSBC profit rises 79% as vaccine rollout sparks improved outlook
Bank releases $400 million it had set aside to cover pandemic-induced bad loans
HSBC to cut up to 10,000 jobs in drive to slash costs
European operations expected to bear brunt of initiative
HSBC axes chief executive in shock shift to speed up strategy
Bank’s pretax profit for the first half rose to $12.41bn from $10.71bn a year earlier
HSBC earnings fall short of targets in fourth quarter
But bank sounds upbeat note as it aims to meet key financial targets
Italian stocks rebound and lift European equities
Oil prices rose, boosting energy stocks, while Wall Street also opened higher
RBS finance chief in surprise exit ahead of British stake sale
Departing CFO casts doubt on reports UK government may sell some of stake in bank
‘Humbling’ US settlement clears crisis-era hangover for RBS
Deal clears the way for UK government to start selling down its more than 70% stake
Royal Bank of Scotland fails UK’s toughest ever stress test
British banks in general capitalised for ‘severe stress scenario’, says Bank of England
Will Ulster Bank paddle its own canoe in Republic?
Clearer picture should emerge when RBS publishes its third quarter results on October 31st
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