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.
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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.
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.
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.
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.
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.
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.
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
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.
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.
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.
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