Finance & Economics

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.


HSBC Launches New Account Opening Service

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


HSBC Profit Grows

Banking giant HSBC has reported a sharp increase in profit for the second quarter of 2023.

Science & Technology

HSBC Tests Quantum Tech in London to Guard Against Hacks

HSBC Holdings Plc will be the first British financial institution to test an advanced data protection system.


HSBC Enables Bitcoin and Ethereum ETF Trading

Effective June 26, HSBC, one of Hong Kong’s largest banking institutions has allowed its customers to buy and sell Bitcoin and Ethereum ETFs listed on the Hong Kong exchange

Fintech & Ecommerce

HSBC Launches Startup and Tech-Focused Innovation Banking Unit

HSBC rebrands and expands previously acquired SVB UK as the HSBC Innovation Banking unit to provide banking services to the startup, investor, and broader tech community


HSBC Launches ESG Index

HSBC has launched a global index that uses artificial intelligence to assess the improvement of the company’s ESG indicators and their potential in terms of the possibility of influencing the growth of financial dynamics.

Fintech & Ecommerce

HSBC Hong Kong Debuts POS Financing for B2B Sales

The Hong Kong division of the banking giant HSBC has announced the launch of a B2B transaction financing tool.

Finance & Economics

HSBC Foils Plan by Major Investor to Break Up Bank

HSBC managed to stop the attempt of the largest shareholder of this financial institution to divide the bank during the annual general meeting, which rarely takes place in an atmosphere of goodwill and absolute peacefulness.


HSBC Announces Increase in Profits from Purchase of Silicon Valley Bank’s UK Business

Banking giant HSBC reported that its profit increased by $ 1.5 billion after the acquisition of the British business of the Silicon Valley Bank.


HSBC Hires Ex-SVB Bankers to Focus on US Innovation Economy

HSBC currently hires about 40 former employees of the Silicon Valley bank.


Swift to Develop CBDC Connector

After sandbox testing, Swift is preparing to develop a beta version of the new way to connect central bank digital currencies (CBDC) with existing fiat infrastructures


HSBC Grants Its First Green Loan in Hong Kong

HSBC Bank has granted its first green loan to a climate-mitigation technology firm based in Hong Kong. The borrower is fighting global warming with emissions reduction projects on the construction sites


European Investment Bank Prices Its First Ever £50 Million Digital Bond

The European Investment Bank (EIB) has valued its first-ever digital bond at 50 million pounds.


Universal Digital Payments Network Launches at Davos

A Universal Digital Payment Network (UDPN) for stablecoins and Central Bank Digital Currencies (CBDC) was launched at the World Economic Forum (WEF) in Davos.


HSBC Gets Warning for Open Banking Malfunctions

HSBC Bank again faced claims from the British Competition and Markets Authority for publishing false information through its Open data API.

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