HSBC to Take $1.1 Billion Hit After Luxembourg Court Ruling in Madoff Case October 27, 2025 By Rishav Chatterjee, Selena Li and Lawrence White HSBC Holdings said on Monday it would book a $1.1 billion provision in its third-quarter results after losing part of...
Allegations Against Former Barclays CEO Staley ‘Very Serious’: CEO April 27, 2023 By Lawrence White Allegations made against British bank Barclays’ former CEO Jes Staley regarding his ties with sex offender Jeffrey Epstein are “very...
Britain’s Financial Services Execs Hope Sunak Can Steady the Ship After Market Chaos October 26, 2022 By Iain Withers, Lawrence White and Huw Jones After seven weeks in which Britain’s reputation for financial credibility has been rocked by political missteps, senior finance executives have...
HSBC Banker Suspended After Playing Down Financial Risks of Climate Change May 23, 2022 By Carolyn Cohn and Lawrence White UK pension schemes should not ignore climate change, a senior executive at The Pensions Regulator said on Monday, the first...
Financial Risks of Climate Change Are Exaggerated: Senior HSBC Banker May 20, 2022 By Lawrence White, Sinead Cruise and Simon Jessop Central bank policymakers and other global authorities are exaggerating the financial risks of climate change, a senior HSBC banker in...
London Halts Stocks, Trade Insurers Withdraw Cover as Isolation of Russia Intensifies March 4, 2022 By Lawrence White and Carolyn Cohn Russia’s global financial isolation intensified on Friday as the London Stock Exchange (LSE) suspended trading in its last Russian securities...
London Financial Employees Return to Offices Despite Rising Virus Cases September 14, 2021 By Rachel Armstrong, Iain Withers and Lawrence White LONDON — There’s no free lunch in finance – except when banks are wooing workers back to the office. London’s...
Global Banks Battle COVID-19 Crime Wave December 11, 2020 By Sinead Cruise and Lawrence White LONDON — Fraud risk analyst Rajendran Raj was used to the odd out-of-hours alert from authorities, but a call one...
When UK Insurers, Banks Emerge from Lockdown, Their Employees Face New Normal May 21, 2020 By Lawrence White, Carolyn Cohn and Pamela Barbaglia Limits on elevators, thermal imaging and temperature checks will greet a first wave of traders and bankers in Britain preparing...
UK, U.S. Banks and Regulators Warn of Wave of Coronavirus Scams March 25, 2020 By Lawrence White and Sinead Cruise UK banks are stepping up fraud prevention measures to protect customers from scammers eager to exploit the coronavirus pandemic with...