How HSBC and Standard Chartered are riding high on Asia’s wealth Banking London’s banking giants are circling the UK’s wealth management pie. But two other top lenders could be carving out a feast 6,000 miles away. HSBC and Standard Chartered posted hefty bumps to their wealth divisions, driven by a strategic focus on Asia and the Middle East. In financial results shared on Wednesday, HSBC revealed bank-wide [...]
Brent crude could hit $110 if oil flow through Strait of Hormuz halved Energy Oil prices could surge to new highs, Goldman Sachs has warned, after the US attacked three sites in Iran spiking fears that a crucial Iranian-controlled waterway could be disrupted. The price of Brent crude oil spiked 5.7 per cent in the aftermath to $81.40 a barrel – marking a five month high. Prices later gave [...]
Bloomsbury: Profit falls at Harry Potter publisher despite sales rise Business Profit at Bloomsbury Publishing, the giant most known for the Harry Potter series, was cut by almost a fifth during its latest financial year despite revenue rising. The London-listed company has reported a pre-tax profit of £32.5m for the year to 28 February 2025, down from the £41.5m it achieved in the prior 12 months. [...]