HSBC

News

HSBC to Sell Argentina Business

The financial institution HSBC, which is based in the United Kingdom, has agreed to sell its business in Argentina.

Fintech & Ecommerce

Fintech Akulaku Secures HSBC Financing

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.

News

China’s Economic Troubles Hurt HSBC

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.

Finance & Economics

HSBC to Improve Ties With Hong Kong Unit

HSBC intends to tighten risk management in its Hong Kong unit Hang Seng Bank.

News

HSBC Unveils Its Transition Plan

HSBC Holdings Plc has published the first so-called transition plan in its history.

News

HSBC Reportedly Joins Ranks of Suitors for Tesco Banking Arm

HSBC has joined the list of financial institutions that are participating in a kind of race for the right to acquire Tesco Bank.

News

HSBC Completes Sale of Its French Retail Banking Business

HSBC subsidiary HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France.

Fintech & Ecommerce

HSBC Takes on Revolut With New App for Non-Customers

HSBC Holdings plans to release an app with which financial services consumers will be able to make international payment transactions.

Finance & Economics

Royal Bank of Canada Gets Nod for Purchase of HSBC Unit

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.

Fintech & Ecommerce

Yoti Receives Funding From HSBC

Digital identity company Yoti has received debt financing for 12.5 million pounds from HSBC and another 7.5 million pounds of convertible debt financing from existing shareholders.

Finance & Economics

HSBC Predicts Difficult Path for Chinese Economy

The Chinese economy has a long way to go, during which it is necessary to overcome steep hill.

Finance & Economics

HSBC Customers Face Mobile Banking Outage

In the UK, thousands of HSBC customers are faced with the problem of accessing online banking and mobile banking services.

News

HSBC CEO Says About Increasing Diversification Away From China

HSBC CEO Noel Quinn said that there is currently a trend of increasing diversification outside of China, noting that this process does not only concern foreign companies.

Finance & Economics

HSBC Warns of Negative Prospects of China’s Property Market

HSBC on Monday, October 30, announced that the Chinese real estate market has the potential for further deterioration of the situation.

News

HSBC Launches Trade Finance Offer

Banking giant HSBC has presented a trade finance proposal, through which customers will have access to simplified payment transfer mechanisms to suppliers.

Finance & Economics

HSBC Launches New Account Opening Service

HSBC has launched a new service for opening business accounts in several markets.