Mark Tucker, the chairman of HSBC has called on European banks to become more efficient while raising the possibility of branch closures and potential mergers in the banking industry. Tucker made these comments while speaking at a banking conference wherein he… Read More ›
banking conference
Deutsche Bank to maintain global presence
Christian Sewing has made it lucidly clear to investors that Deutsche Bank will maintain its global presence and support its customer’s global businesses. On Wednesday, Deutsche Bank’s CEO Christian Sewing told a banking conference that Germany’s biggest lender will stick… Read More ›
Mario Draghi, ECB’s president, hints at possible interest rate hike in future
ECB’s decision to extend its bond buying program up to Sept. 2018 is strategic. On Friday, Mario Draghi, the president of the European Central Bank, stated the central bank’s decision to extend its bond-buying program upto September 2018 is central… Read More ›