HSBC cuts dozens of analyst jobs in investment banking overhaul

HSBC cuts dozens of analyst jobs in investment banking overhaul

[SINGAPORE] HSBC Holdings has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment banking businesses, according to sources familiar with the matter. Those affected by the move include Steven Major, HSBC’s Dubai-based global head of fixed income research, the sources said, asking not to be…

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HSBC cuts dozens of analyst jobs in investment banking overhaul

HSBC cuts dozens of analyst jobs in investment banking overhaul

[SINGAPORE] HSBC Holdings has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment banking businesses, according to sources familiar with the matter. Those affected by the move include Steven Major, HSBC’s Dubai-based global head of fixed income research, the sources said, asking not to be…

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Weak Chinese demand leaves Australia with too much wheat

Weak Chinese demand leaves Australia with too much wheat

[CANBERRA] Australian wheat inventories will likely be much higher than last year at the end of the season, pressuring prices, because of a drop in Chinese imports and competition from ample supplies out of rival exporter Russia, analysts and traders said. A fire sale of stored grain may be necessary to clear space before the…

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Chinese plastics buyers resist switch back to US propane despite pause in trade war

Chinese plastics buyers resist switch back to US propane despite pause in trade war

[SINGAPORE] Chinese plastics factories left without US raw material when trade relations collapsed earlier this year are holding back from returning to many of those suppliers despite a pause in hostilities, underscoring the difficulty in restoring commercial ties between the world’s two largest economies. Beijing’s retaliation to US President Donald Trump’s so-called reciprocal tariffs effectively…

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American Music Awards 2025: Complete Winners List

American Music Awards 2025: Complete Winners List

The 2025 American Music Awards are underway—and it’s time to wish all of the musicians good luck, babe!  This year’s batch of nominees is particularly competitive, with legacy acts like Beyoncé, Ariana Grande, Billie Eilish, Kendrick Lamar and Taylor Swift nominated in the big categories. (Check out all the stars on the red carpet here.) Meanwhile,…

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