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Barclays Shifting Ownership Of European Branches To Irish Unit Ahead Of Brexit Sources

LONDON – Barclays (BARC.L) has begun shifting direct ownership of its French, German and Spanish branches from a British-based entity to its Irish bank, according...

Hsbc Shifts European Branches To French Unit Control Ahead Of Brexit

LONDON – HSBC (HSBA.L) has shifted ownership of its Polish and Irish subsidiaries from its London-based entity to its French unit, and will do so for seven more...

Pimcos Ivascyn Says Time For Defensive Approach At Pimco Income Fund

– Dan Ivascyn, the group chief investment officer at Pacific Investment Management Co (Pimco), said it is time for a more defensive approach at the Pimco Income...

Facebook In Talks With Banks To Expand Customer Service

– Facebook Inc (FB.O) said on Monday it is in talks to deepen links with banks and financial institutions, saying it can help the firms improve their customer...

Nyse-owner Ice To Launch New Fixed Income Etf Platform

– Intercontinental Exchange Inc is partnering with BlackRock Inc on a new fixed income exchange-traded fund execution platform to open next year, the owner of the...

Rising Costs And Us Settlement Crimp Hsbcs First-half Profit

HONG KONG/LONDON – HSBC Holdings Plc (HSBA.L) posted a small increase in first-half pretax profit, as rising expenses from investments in a new growth strategy and...