HSBC has exceeded Q3 profit expectations with a net income of $7.3 billion despite rising operating expenses. The bank's wealth division saw remarkable growth, indicating a strong recovery. Learn more about HSBC's financial strategies and future outlook.
In a major banking move, the Federal Reserve has approved Capital One's merger with Discover. This comes alongside a $100 million fine for Discover's past interchange fee overcharges and a commitment to customer repayments.
