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Finance

Finance

HSBC kicks off search for new UK CEO

Bermuda Broadcasting Newsdesk -
A process to appoint Stuart's successor as UK CEO is underway International news via Reuters: HSBC has kicked off a process to find a new CEO...
Finance

UK net mortgage lending rises by most since September 2022

Bermuda Broadcasting Newsdesk -
Mortgage approvals for house purchase dropped to 66,189 from 66,505 in December International news via Reuters: British homebuyers borrowed the most in new mortgages since September...
Finance

Ontario holds election as Canada, US spar over proposed tariffs

Bermuda Broadcasting Newsdesk -
Trump has threatened 25% tariffs on goods from Canada and Mexico International news via Reuters: Voters in Canada's most populous province, Ontario, head to the polls...
Finance

Musk to attend Trump cabinet meet as workers brace for more uncertainty

Bermuda Broadcasting Newsdesk -
Musk said federal workers must list five accomplishments in 48 hours or risk termination International news via Reuters: Elon Musk, the billionaire adviser tasked with radically...
Finance

‘Where is Mr. Musk in all of this?’ Judges question secrecy of DOGE’s activities

Bermuda Broadcasting Newsdesk -
Questions around Musk's role and the activities of the team are at the heart of multiple lawsuits International news via Reuters:  On social media and...
Finance

Sterling edges lower versus dollar, eyes on military spending

Bermuda Broadcasting Newsdesk -
Sterling was down 0.1% to $1.2653 International news via Reuters: Sterling edged lower against a strengthening dollar and held steady versus the euro a day after...
Finance

Britain’s Metro Bank sells 584 million pounds unsecured personal loan book

Bermuda Broadcasting Newsdesk -
Portfolio-buyer yet to be named International news via Reuters: British lender Metro Bank on Wednesday said it has signed an agreement to sell a portfolio of...
Finance

UK’s ASOS takes steps to restructure business

Bermuda Broadcasting Newsdesk -
Will take a one-time impairment charge exceeding $200 million International news via Reuters: Britain's ASOS on Wednesday laid out a plan to restructure its business by...
Finance

FATF global financial crime watchdog removes Philippines from ‘grey’ list

Bermuda Broadcasting Newsdesk -
Laos and Nepal have been added to the list International news via Reusters: The Financial Action Task Force (FATF), a global anti-money laundering watchdog, said on...
Finance

US Treasury’s Bessent says Russia could win sanctions relief in war talks

Bermuda Broadcasting Newsdesk -
This following U.S. President Donald Trump's meeting with Russian President Vladimir Putin International news via Reuters:  Russia could win some relief from U.S. sanctions based on...
Finance

China’s hopes to be Ukraine peacemaker collide with its goals on Trump, trade

Bermuda Broadcasting Newsdesk -
China is focused on repairing its economy and negotiating solid trade deal with U.S. International news by Antoni Slodkowski and Laurie Chen via Reuters: For the...
Finance

US Energy Secretary attacks ‘sinister’ net zero goals, singling out Britain

Bermuda Broadcasting Newsdesk -
January saw President Trump criticise the British government's energy policy International news via Reuters: LONDON U.S. Energy Secretary Chris Wright on Monday called a pledge...
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