HSBC convenes meeting of UK banks over climate risk disclosure demands
Central banks have warned that floods, wildfires and rising sea levels could trigger defaults among household and corporate borrowers
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Warning that banks may find it difficult to manage risks comes a day after HSBC disclosed $400mn hit
HSBC profits fall on higher credit charges
First-quarter income dips to $9.4bn, missing analyst expectations
HSBC pauses $4bn private credit investment
Lender announced plan last year to use $3.2tn balance sheet to muscle into alternative lending market
UK banks push for easing of capital rules to counter surge in private credit
HSBC and Barclays executives tell House of Lords committee that they are losing ground to US rivals
Bank of England to consult major private credit groups on stress test
Landmark exercise to test resilience of $16tn finance market outside banking
ECB warns banks against excessive use of risk-transfer deals
Securitisation deals to secure capital benefits were up 85% in the first half of this year