Mexico City’s Hera HSBC music festival brought together an all-female lineup of both Latina and international talent including Kesha, Demi Lovato and Camila Cabello.

Prosecutors are expected to give new details next week about Boeing's plea deal in a case stemming from two deadly crashes of 737 Max jetliners.

HSBC, Europe’s largest bank, says that CEO Noel Quinn plans to retire after serving nearly five years in the post.

Leading British economic think tanks are warning that whoever wins the country’s general election this year will face some very tough choices on tax and spending if they want to make sure the public finances don’t deteriorate further.

British banking giant HSBC announced Wednesday it will no longer finance new oil and gas fields as part of its updated climate strategy.

Chinese telecommunications equipment firm Huawei says it has reached an agreement with HSBC in Hong Kong to obtain documents that its chief financial office Meng Wanzhou hopes will help prevent her extradition to the U.S. Meng, who was detained in Canada in 2018 at the behest of U.S. authorities, has been fighting a legal battle over the last two years as the U.S. seeks to extradite her over bank fraud and allegations that Huawei violated sanctions on Iran.

FILE - In this Thursday, May 16, 2019 file photo, a man is silhouetted near the Huawei logo in Beijing. Huawei took U.K. bank HSBC to court on Friday, Feb. 12, 2021 seeking documents the Chinese company says are key to its legal efforts to stop its chief financial officer from being extradited to the U.S. from Canada. Huawei applied at the U.K. High Court for records it believes will show Chief Financial Officer Meng Wanzhou didn't mislead the bank about evading sanctions on Iran, as U.S. authorities allege. The legal request further complicates the geopolitical battle over Meng's case. The U.S. government accuses Huawei of using a Hong Kong shell company called Skycom to sell telecommunications equipment to Iran.

Shares of Deutsche Bank dropped 8.3%. Deutsche Bank has been under scrutiny for years. Deutsche Bank neither admitted nor denied the allegations in the settlement. The London bank HSBC, Europe's largest acknowledged in 2012 that it had laundered at least $881 million for Latin American drug cartels. However, according to the report, HSBC continued to manage money for shady clients, including suspected Russian money launderers and a Ponzi scheme under investigation in multiple countries.

Dan Kitwood/Getty Images(CNN) - Global banks want Hong Kong's political crisis to be over. "Social stability and the quality of remaining calm in the face of all sorts of challenges are the cornerstones of Hong Kong's success. Maintaining the rule of law is essential to the international financial center status that is unique to Hong Kong," read the ad, which was published in Chinese. Hong Kong officials have sounded the alarm over the city's slumping economy. Hong Kong's economy grew by just 0.6% in the second quarter compared to the same time last year, the weakest quarterly figure in a decade.

Dan Kitwood/Getty ImagesLONDON (CNN) - HSBC chief John Flint is stepping down after less than two years on the job. The bank said in a statement that Flint resigned by mutual agreement, adding that change is needed to meet "the increasingly complex and challenging global environment" HSBC faces. Flint joined the bank in 1989 and spent the first 14 years of his career with HSBC in Asia expanding the bank's global markets business. In a statement, Flint, 51, said that it was a privilege to spend his entire career with HSBC. The bank said Flint will stop carrying out his day-to-day duties immediately, but will remain available to assist HSBC with the transition.