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European banks extended their stock rally in the third quarter, surging ahead of US and Asian counterparts. European banking stocks have been propelled by buoyant quarterly profits, supported by strong noninterest income that helped offset the impact of declining interest rates on lending income.

PARIS, Oct. 02, 2025 (GLOBE NEWSWIRE) -- Münchener Rückversicherungs-Gesellschaft Aktiengesellschaft in München

NEW YORK--(BUSINESS WIRE)--HSBC proudly announces that Racquel Oden has been named one of American Banker's 2025 Most Powerful Women in Finance, a prestigious recognition that celebrates Racquel's outstanding leadership, vision, and impact in shaping the future of the financial industry. As U.S. Head of International Wealth and Private Banking at HSBC, Racquel has demonstrated a commitment to s...

NEW YORK--(BUSINESS WIRE)--HSBC U.S. Head of International Wealth, Premier, and Private Banking Racquel Oden today announced that Jeff Papa has been named U.S. Head of Distribution for Wealth, Premier and Private Banking, a newly created role that will lead the bank's sales teams and drive client growth through the entire coverage of the wealth management spectrum, including Premier and Private...

HSBC launched a cash concentration solution that enables clients to optimize liquidity globally and in real time and gain greater flexibility and control over cash resources. The On-Demand Cash Concentration (ODCC) solution is integrated into HSBC's digital platforms and works via their self-service portal, the bank said in a Tuesday (Sept.

HSBC Asset Management launched a private credit strategy designed to provide investors with access to opportunities in global trade finance.

NEW YORK--(BUSINESS WIRE)--Entrepreneurs are seizing global opportunities and leveraging international wealth corridors as globalization enters a new phase, according to research from HSBC Private Bank. The Global Entrepreneurial Wealth Report 2025 found a decisive shift in cross-border wealth flows among entrepreneurs globally: 59% are diversifying wealth internationally; 57% are considering a...

HSBC said it made a breakthrough in using quantum computing in the finance world. The banking giant said its work with a team from IBM uncovered “the world's first-known empirical evidence of the potential value of current quantum computers for solving real-world problems in algorithmic bond trading,” according to a Thursday (Sept.