- Clothing, Fashion & Shoes ( 11 )
- Computers & Electronics ( 35 )
- Hobbies ( 25 )
- Health & Beauty ( 0 )
- Sports Guides ( 35 )
- Home & Garden ( 0 )
( 0 )
By Steve Slater LONDON (Reuters) - Standard Chartered warned that 10 years of record earnings are likely to end this year, with profit set to fall because of losses in Korea, a slowdown in its key Asian markets and tougher regulations. Standard Chartered said on Wednesday that operating profit in its consumer bank will be down by at least 10 percent from a year ago because of problems in Korea and profit from wholesale banking is expected to be... Read more... Read more... Read more... Read more...
retail operations in Italy, Spain, France and Portugal will return to profit in two years and could deliver 500 million pounds ($805 million) of annual earnings once a turnaround of the business takes hold. Barclays has already shut 443 of its branches in mainland Europe this year and will cut about 1,500 jobs across the business by the end of the year, achieving the bulk of a revival plan set out in February. Barclays Chief Executive Antony... Read more... Read more...