Bloomberg HSBC Holdings Plc Chief Executive Officer John Flint delivered the kind of growth that investors have been waiting for. Flint, who took over this year, succeeded in posting third-quarter revenue gains that outpaced expenses: adjusted rev- enue climbed 9 percent while costs increased 2 percent. The shares in Hong Kong jumped after falling close to a two-year low last ...

Bloomberg Big regional US banks such as US Bancorp, Capital One Financial Corp. and PNC Financial Services Group Inc. are about to get more relief from regulators appointed by President Donald Trump. The Federal Reserve and other agencies — responding to legislation that’s meant to soften rules for smaller lenders — are set to propose this week that a series ...

Bloomberg Germany’s oldest lender is lender trying some new ideas. Hamburg-based Joh Berenberg Gossler & Company KG will abandon its dual-leadership structure in German wealth management, the unit’s new sole head Dirk Wehmhoener told Bloomberg in an interview. In order to increase assets under management, he intends to interlink wealth management more closely with investment banking. Acquisitions, however, are not ...