Tired of Being in the Shadow of Citigroup, HSBC Pushes Harder Into Investment Banking

Article Abstract:

For years chairman Sir John Bond has not been interested in investment banking, but now HSBC is hiring investment bankers and building its mergers and acquisitions advisory business.

Labor force information, Executive changes & profiles, Hong Kong, Officials and employees, Employment, Hongkong and Shanghai Banking Corporation Ltd., Studzinski, John J., Bond, John (British banker)

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2 European Giants Betting Banks Can Blur Borders

Article Abstract:

The bank UniCredito Italia will face many marketing challenges after its acquisition of Germany's HVB Group as it tries to overcome cultural and language differences.

Acquisitions & mergers, Marketing procedures, Global Marketing, Italy, Germany, Mergers, acquisitions and divestments, Company acquisition/merger, Unicredito Italiano S.p.A., HVB Group, Profumo, Alessandro, International marketing

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Error Forces SunTrust Banks To Restate Quarterly Results

Article Abstract:

SunTrust Banks announced that it mistakenly inflated its financial reserves and so must restate its earnings for the first and second quarters of 2004.

United States, Sales, profits & dividends, Financial management, Finance, Company sales and earnings, Company earnings/profit, Company financing, SunTrust Banks Inc.

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