Robinhood has announced that the U.S. Securities and Exchange Commission (SEC) has concluded its investigation into the company’s crypto business without taking any enforcement action. The fintech firm, […]

In his annual letter to shareholders, Warren Buffett revealed that Greg Abel, head of Berkshire Hathaway’s energy division, will soon succeed him as CEO. Buffett, 94, emphasized Abel’s […]

Since its establishment in 2011, the Consumer Financial Protection Bureau (CFPB) has faced criticism from powerful opponents, becoming an early target in Elon Musk’s overhaul of the U.S. […]

HSBC reported annual profits that exceeded estimates, driven by growth in wealth and markets businesses, while unveiling cost-cutting targets under its new CEO Georges Elhedery. The bank announced […]

HSBC aims to achieve $1.8 billion in cost reductions by 2026 under its new CEO Georges Elhedery, who is focused on enhancing returns. The bank reported 2024 earnings […]

Europe’s largest lender HSBC on Wednesday reported annual pre-tax profit of $32.31 billion, marginally missing analysts’ estimates, as the bank’s net interest income declined by $3.1 billion from […]

Southwest Airlines is set to lay off 15% of its corporate staff as part of a cost-cutting effort. This move, which includes senior leadership, marks the first mass […]

Thames Water has won a crucial High Court battle to secure a £3bn rescue loan, staving off the prospect of the debt-laden company coming under government control. The […]