UK
HSBC exits US mass market retail banking, sells 90 branches
All personal, advance, and retail business banking customers with turnover below $5m are affected.
HSBC exits US mass market retail banking, sells 90 branches
All personal, advance, and retail business banking customers with turnover below $5m are affected.
Weekly Global News Wrap: Morgan Stanley offers bitcoin to wealth clients; SLB market could hit $150b this year
And Barclays expands private banking unit to France and Italy. From CNBC:
Weekly Global News Wrap: UK fintechs brace for no-deal Brexit; Societe Generale to cut 640 jobs in France
And Deutsche Bank to sell IT services division to India's Tata Consultancy.
Weekly Global News Wrap Up: Germany's mega-bank merger may cut around 30,000 jobs; Italy eyes renewing bad loan guarantee scheme
And JPMorgan launches checkless no-overdraft accounts.
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