LONDON (Reuters) - HSBC has appointed Richard Blackburn as group chief risk and compliance officer, the bank said on Thursday, confirming him in a role he has held on an interim basis since January.Blackburn, who has been with HSBC for over 20 years, will also serve on the Group Operating Committee which is the bank’s most senior decision-making group under CEO Georges Elhedery. 3rd party Ad. N ...
Investing.com -- The supervisory board of STMicroelectronics NV (NYSE:STM), a Franco-Italian company, has expressed renewed support for its Chief Executive Officer Jean-Marc Chery, Chief Financial Officer Lorenzo Grandi, and the entire management team. This backing comes a day after the Italian government publicly withdrew its support for the chipmaker’s management.The board’s endorsement wa ...
By Shashwat Chauhan and Purvi Agarwal(Reuters) - Wall Street’s main indexes fell on Thursday, coming off a blistering rally following U.S. President Donald Trump’s move to temporarily lower the heavy tariffs on dozens of countries.The U-turn came less than 24 hours after the new tariffs took effect on most trading partners, lifting the S&P 500 to its biggest single-day percentage gain sinc ...
SINGAPORE/LONDON (Reuters) - The cost of insuring against sovereign and corporate defaults on European and Asian debt fell on Thursday as investors breathed a sigh of relief at a pause on some of the heaviest U.S. tariffs.U.S. President Donald Trump on Wednesday stunned markets with an abrupt decision to introduce a 90-day pause on the import tariffs on dozens of countries that were due to come in ...