HSBC launches its 24/7 Tokenised Deposit Service in Singapore, extending its blockchain-based banking platform beyond Hong Kong to enable instant cross-border settlements and modernise treasury management at scale.
This month, HSBC plans to launch an updated mobile app in Hong Kong to offer local consumers what the management of this financial institution characterizes as the most personalized and simplified experience.
One of the largest European lenders, HSBC, on Tuesday, April 29, published information on the financial results of its operations for the first quarter of the current year, which exceeded preliminary expectations due to the robust performance of its wealth business, and strength in its corporate and institutional banking segment.
The media has released information according to which HSBC is currently considering scaling back its retail banking operations in countries such as Mexico, Malaysia, Indonesia, and some others.
Brokerage HSBC expects the S&P 500 index to reach 6,700 by the end of next year.
HSBC has launched a platform for managing domestic and international business payment transactions.
Edward J Achtner, the head of generative AI for UK banking giant HSBC, said that many companies have still failed to achieve tangible results in the use of artificial intelligence in their activities, despite statements about significant progress in the relevant direction.
Due to the fresh partnership, businesses in Singapore will be able to leverage global HSBC network and solutions for international expansion and net-zero transition.
Online lending platform Akulaku, which operates in Southeast Asia and is backed by Alibaba, secured $100 million in debt financing from HSBC, based in London.
HSBC on Wednesday, February 21, published data on a significant decrease in its quarterly profit after the share of this financial institution in China’s Bank of Communications (BoCom) fell by $3 billion.
HSBC intends to tighten risk management in its Hong Kong unit Hang Seng Bank.
HSBC Holdings Plc has published the first so-called transition plan in its history.
HSBC has joined the list of financial institutions that are participating in a kind of race for the right to acquire Tesco Bank.
HSBC subsidiary HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France.
HSBC Holdings plans to release an app with which financial services consumers will be able to make international payment transactions.
Canada at the end of last week approved the implementation of a deal to acquire the internal unit of HSBC by Royal Bank of Canada (RBC) for $10.2 billion.
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