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HSBC profits seen up 10% as cost cuts pay off

Last Updated: Monday, November 04, 2013, 11:49

HSBC Holdings is expected to report a 10 percent rise in quarterly profit on Monday as Europe's biggest bank benefits from cost cuts and the absence of a big provision to cover a fine last year.

EU finance ministers struggle on bank closures

Last Updated: Saturday, June 22, 2013, 11:00

As the talks dragged on after an early start Friday, hopes faded of an overall deal to finally put the banking sector's problems to rest.

Europe rejects IMF call for more bank capital

Last Updated: Thursday, September 01, 2011, 18:02

European bankers and politicians leapt to defend the region's banks on Thursday, rejecting an International Monetary Fund (IMF) estimate that they need 200 billion euros (USD 290 billion) in new capital to reflect sovereign debt losses.