Stuart Gulliver, HSBC's new boss, confirmed that the bank is to scale back its global business.
The bank confirmed there was no likelihood of future write-downs, with exposure to further losses contained through risk management.
On Monday, the country's central bank confirmed it expected the economy to shrink by 0.1% in the current quarter.
In Europe, several media reports said the European Central Bank confirmed the resignation of Governing Council member Juergen Stark.
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The ECB president confirmed that the bank was willing to buy government bonds in the secondary market, but there were three key conditions.
Still, markets had been subdued in early trading until the European Central Bank confirmed that it would lower the refinancing rate a quarter-point to 0.5 percent.
The US's central bank has confirmed information was stolen from its servers during a hack attack.
Twenty-two branches and sub-offices of the Ulster Bank are due to close across Ireland, the bank has confirmed.
Australia's central bank has confirmed that it has been targeted by hackers.
Bank of Cyprus chief executive Yiannis Kypri confirmed he had been removed as head of the bank, which is the country's largest commercial lender.
BBC: Cyprus banks to reopen on Thursday after bailout closure
Bank of Cyprus UK and Laiki Bank UK both confirmed on their websites that there would be no impact.
The bank has not confirmed how many jobs are at risk but said that more details will be revealed in February.
BBC: Barclays consults staff over job cuts at investment arm
SAFE, a division of the central bank, also confirmed that Beijing would manage the transition by implementing a series of small steps.
Virgin Money chief executive Jayne-Anne Gadhia confirmed to the BBC that the bank intended to float its shares on the stock market within two to five years.
Deutsche Bank chief strategist Kenneth Courtis confirmed that he has defected to Goldman-Sachs.
After weeks of speculation, Brazil's president-elect Dilma Rousseff has finally confirmed that she will be changing the central bank's governor, paving the way for big interest rate cuts.
British and other shareholders of the Bank have launched an inquiry into confirmed reports of exorbitant expenditures on marbled offices, extravagant furnishings, salaries, staff parties, a private jet for Attali, etc.
Barack Obama should nominate credible, independent people to the two vacant seats on the Federal Reserve Board, and bat away suggestions that the 12 reserve-bank presidents, who are not confirmed by Congress, lose their say in monetary policy.
This was confirmed Friday morning when investors bid up most major bank stocks two to three percent.
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Mark Sigona, Signature's chief operating officer, confirmed Mr. Keilson's account of the bank's role in the matter, adding that its own security hadn't been compromised.
The Tuscan bank, founded in 1472, confirmed this week that the three trades - named Alexandria, Santorini and Nota Italia - would be investigated in full to "precisely assess the impact of the transactions and consequently adopt any measures needed, including a retrospective restatement of their accounting representation".
Since then the bank has conducted a third auction in March and confirmed a fourth in April.
JPMorgan Chase confirmed it did pay school officials to do work related to student loans, but the bank says it doesn't do that kind of thing anymore.
The bank is 8.6% owned by ABN Amro, which on Tuesday confirmed that it was in talks with Barclays (nyse: BCS - news - people ) about being purchased.
Tomorrow there should be another chance to assess the practice of punishing banks that do wrong, while trying to spare innocent customers and bystanders, when the fines and sanctions against the enormous Swiss bank UBS for its role in the Libor-rigging scandal may well be confirmed and explained.
The Bank of England's own Trends in Lending figures, also published on Monday, confirmed that UK mortgage approvals for house purchase and remortgaging were higher in the three months to November than the previous three months.
He confirmed that WikiLeaks has damaging, unpublished material from pharmaceutical companies, finance firms (aside from the upcoming bank release), and energy companies, just to name a few industries.
National City , the Cleveland bank that, in the end, might become the poster child for the credit crisis, confirmed it was under a memorandum of understanding with the Office of the Comptroller of the Currency, the Treasury Department arm regulating national banks.
National City (nyse: NCC - news - people ), the Cleveland bank that, in the end, might become the poster child for the credit crisis, confirmed it was under a memorandum of understanding with the Office of the Comptroller of the Currency, the Treasury Department arm regulating national banks.
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