London’s Canary Wharf Tries to Revamp Its Image as Banks Exit A major bank is leaving its headquarters in London’s purpose-built financial district. But the district’s owner has other plans for the area, which may help it survive the pressures it faces.
Born in Asia but Based in Britain, HSBC Fights to Stay in One Piece The global bank’s biggest shareholder, the giant Chinese insurer Ping An, wants HSBC to spin off its profitable Asian operation.
HSBC to Buy SVB UK, Silicon Valley Bank’s British Subsidiary Prime Minister Rishi Sunak said the country’s financial system was in good health and would not suffer from the demise of Silicon Valley Bank.
Wall Street Banks Are Getting Flexible on Working From Home Many big banks are offering flexible working arrangements — sometimes grudgingly — as they chase talent that would rather stay home.