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HSBC says sees two UK interest rate hikes by end-2018

 HSBC, one of Britain’s “Big Four” banks, expects the Bank of England to raise interest rates twice over the coming 12 months, it said on Monday, having previously seen rates staying at their record lows until the end of 2018. The bank said it expected rates to be lifted by...

FTC probes Equifax, top Democrat likens it to Enron

The U.S. Federal Trade Commission said on Thursday it was investigating Equifax Inc’s (EFX.N) massive data breach, and a top Democrat suggested the credit-monitoring company’s corporate leaders might need to resign. Shares of Equifax fell 2.4 percent on Thursday and trading volume...