(Alliance News) - HSBC Holdings PLC is preparing to cut jobs in its UK wealth management business as part of efforts to ramp up the use of artificial intelligence to serve wealthy customers more efficiently, reports have said. Read More
(Alliance News) - UK Chancellor John Healey has told bosses of Britain's biggest banks that the government faces a difficult fiscal position but has yet to decide whether to increase taxes on the sector, the Times reported on Tuesday. Read More
(Alliance News) - Chancellor John Healey has summoned the chiefs of the UK's biggest banks for a meeting ahead of his autumn Budget statement, amid growing calls from the industry to avoid targeting lenders with a tax raid. Read More
(Alliance News) - The following is a round-up of earnings for London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - Stock prices in Europe were on the decline on Tuesday, returning some progress after the start of the week was supported by hope of diplomatic progress between the US and China. Read More
(Alliance News) - Stock prices in Europe were on the up at the start of the week, supported by US-China optimism, while a softer oil price eased inflation worries, sending yields lower. Read More
(Alliance News) - Partners Group Private Equity Ltd and Aboria Capital Ltd on Friday said they purchased five student accommodations assets in "one of the largest completed acquisitions in the sector this year". Read More
(Alliance News) - The UK's largest banks will this week start a process to raise money to fund the development of a new payments infrastructure vehicle that could rival MasterCard Inc and Visa Inc domestically, Sky News reported Monday. Read More
(Alliance News) - GlobalData reports its annual earnings are to fall short of expectations, while MP Evans reports a half-year profit spike but says El Nino could temper production in times to come. Meanwhile, Brave Bison has sweetened its bid for System1. Read More
(Alliance News) - Andy Burnham will call for a "culture shift" as he gathers business leaders in Downing Street on Monday to pledge to back entrepreneurs. Read More
(Alliance News) - HSBC Holdings PLC on Thursday said Chief Financial Officer Pam Kaur will step down next year, after just over two years on the job. Read More
(Alliance News) - Conduit Holdings Ltd on Tuesday said Christian Dunleavy will replace Neil Eckert as chief executive officer starting March 1 next year. Read More
