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HSBC Reportedly Joins Ranks of Suitors for Tesco Banking Arm
Finance & Economics

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.

HSBC Completes Sale of Its French Retail Banking Business
Finance & Economics

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.

HSBC Takes on Revolut With New App for Non-Customers
News

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.

Royal Bank of Canada Gets Nod for Purchase of HSBC Unit
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.

Yoti Receives Funding From HSBC
News

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
News

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
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.

HSBC Warns of Negative Prospects of China’s Property Market
News

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
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.

HSBC Launches New Account Opening Service
Finance & Economics

HSBC Launches New Account Opening Service

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

HSBC Tests Quantum Tech in London to Guard Against Hacks
News

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
Blockchain & Crypto

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
News

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
Fintech & Ecommerce

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
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.

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

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.