HSBC Profit Grows
Banking giant HSBC has reported a sharp increase in profit for the second quarter of 2023.
HSBC - page 2
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.
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.
UK Banks Develop Shared Banking Hubs Network
Leading UK banks have formed a separate non-profit company to form a network of banking hubs across the country and provide cash access to local UK communities
Which? Investigation Found That Banks Are Vulnerable to Spoofing
Security failings at the largest British banks are leaving customers vulnerable to spoofing fraud when imposters impersonate legitimate companies
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