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Friday, June 15, 2018

HSBC battles entrenched locals, past mistakes in U.S. credit card push

LONDON (Reuters) - HSBC's push into credit cards and personal loans in the United States will be no easy task as the bank faces entrenched domestic rivals and the legacy of a previous disastrous foray into U.S. lending.


from Reuters: Business News https://ift.tt/2MsQkLZ

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Interest rates held at 5% but 'on the path down'

Economists are betting on rates being held in September with a cut to come in November instead. from BBC News https://ift.tt/OyPldkf