People & Markets

  • Credit business shines as HSBC vows to speed up change

    Credit business shines as HSBC vows to speed up change

    HSBC's credit and equities business lines were the standout performers in the global banking and markets division (GBM) in the third quarter, the bank's results showed on Tuesday. Meanwhile, group chief executive Noel Quinn said the firm was adapting its business model to chronic low interest rates.

  • Covid-19 equity raises could be subject of litigation

    Covid-19 equity raises could be subject of litigation

    Companies raising equity in the UK this year — amid a very uncertain outlook for business prospects — may risk opening themselves up to claims related to the information they disclose or do not disclose, according to lawyers at Herbert Smith Freehills.

  • Barclays boasts of share gains in markets

    Barclays boasts of share gains in markets

    Barclays enjoyed a record quarter in equities, but in its advisory and equity capital markets it lagged behind competitors, it showed in third quarter results on Friday.

  • People moves in brief

    People moves in brief

    Makinson Cowell joins Lazard — Vikas Seth moves into vice-chairman role at HSBC — Fernando Vicario picked as CEO of BofA's EU bank

  • Advisory shop moves over from KPMG to Lazard

    Advisory shop moves over from KPMG to Lazard

    Makinson Cowell, a company that advises on equity capital markets and investor relations, has joined Lazard, in a move that the investment bank says strengthens its UK financial advisory business.

  • UBS IB benefits from leveraged capital markets, IP sale

    UBS IB benefits from leveraged capital markets, IP sale

    UBS's investment bank beat analyst consensus as capital markets revenue was up sharply year-on-year, while a sale of intellectual property rights resulted in a one-off gain, the bank showed in third quarter results on Tuesday.

  • HSBC financed climate laggards weeks before net zero target

    HSBC financed climate laggards weeks before net zero target

    HSBC provided $1.8bn of financing to high carbon companies including Kepco, which is developing new coal plants, in just five deals in the past four months, as it prepared to announce its “net zero ambition” on October 9, an NGO has alleged.

All Articles