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Visa earnings top estimates as spending on network stays strong

The company also says at the investor day that it expects its value-added services to account for more than half of total...

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UK sets out new rules for crypto as it aligns with US on approach

Britain will bring cryptocurrencies under compulsory regulation, finance minister Rachel Reeves said on Tuesday as the government signalled it would cooperate...

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Indonesia’s state banks eye bigger share of growing wealth market in Singapore

BNI and Bank Mandiri are betting on the growing number of high-earning Indonesians in the Republic, with the wealth management sector estimated...

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China’s Big Five banks post slimmer margins as economic challenges persist

For all banks, non-performing loan ratios remain steady or fall slightly

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Trade war may lower growth and inflation in eurozone, ECB’s Cipollone says

A GLOBAL trade war could lower both economic growth and inflation in the eurozone, and it could have an “unambiguously recessionary effect”...

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Deutsche Bank posts 39% rise in first-quarter profit

Deutsche Bank on Tuesday posted a 39 per cent rise in first-quarter profit after its global investment banking division generated a big increase...

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HSBC Q1 profit drops 25%; launches US$3 billion share buyback

HSBC launched a US$3 billion share buyback after reporting a 25 per cent fall in first-quarter profit on Tuesday due...

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HSBC launches US$3 billion buyback after Q1 profit drops 25%, raises tariff alarm

HSBC’s stake in BOCOM will fall to about 16% amid a private placement, triggering a potential loss of up to US$1.6 billion

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HSBC sounds Trump tariff alarm, taking shine off Q1 profit beat and buyback

The lender’s pre-tax profit of US$9.5 billion beat analysts’ forecast of US$7.8 billion

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HSBC sounds Trump tariff alarm, taking shine off stellar Q1 profit and buyback

The lender’s pre-tax profit of US$9.5 billion beat analysts’ forecast of US$7.8 billion

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