HSBC will undertake a review of whether to keep its global headquarters in London's Canary Wharf financial district, according to a memo sent to staff and seen by Reuters on Thursday.
Turkish central bank said on Thursday that will continue to further strengthen the tools supporting the effectiveness of the monetary transmission mechanism.
Britain's Financial Conduct Authority (FCA) told banks and insurers on Thursday to do more to help customers struggling with a cost of living crisis as it investigates 40 banks for dragging their feet.
Britain's insurers should help customers finding it difficult during the cost of living crisis to pay premiums on policies to avoid leaving them unprotected, the Financial Conduct Authority said on Thursday.
U.S. investment bank JP Morgan's head of Switzerland, Nick Bossart, is moving to Rothschild & Co to lead its Swiss advisory business for mergers and capital market transactions, two people familiar with the situation told Reuters.
Italy's UniCredit said on Thursday it had picked Marion Hoellinger as chief executive of its German arm HypoVereinsbank (HVB), to replace Michael Diederich who is taking on top roles at German soccer club Bayern Munich.
Andrea Rossi, the investment veteran named as chief executive of M&G on Thursday, has ruled out breaking up one of Britain's best-known fund management companies and expects growth despite turbulent markets and a cost-of-living crisis.
Credit Suisse has named veteran banker Jing Wang head of its Chinese securities joint venture, as the bank presses ahead with plans to expand in the world's second-largest economy while preparing a strategy review for its global business.
