British banking company HSBC said Monday it will sell just under half its retail banking branches in the United States to First Niagara Bank for around $1 billion.
banking companyHSBC to cut 30,000 jobs in global overhaulNewsvine - business Mon, 08/01/2011 - 01:04
British banking company HSBC said Monday it will cut 30,000 jobs worldwide by 2013 and sell almost half its bank branches in the U.S., part of a new strategy to cut back on retail operations in some parts of the world and focus instead on fast-growing emerging markets. KeyCorp posts wider 3Q lossNewsvine - business Wed, 10/21/2009 - 05:32
Banking company KeyCorp says its loss widened considerably in the third quarter as it set aside more money for possible loan losses as borrowers are having a tough time repaying debts amid the recession. State Street to raise funds to repay TARPNewsvine - business Mon, 05/18/2009 - 05:40
The banking company State Street says it plans to raise new funds through common stock and senior note offerings as part of an effort to repay a government loan. |
