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HSBC confident in macroeconomic outlook in face of global uncertainty

HSBC has reported record annual profits driven by general cross-segment revenue growth across its business, although noting that economic recovery in one of its...

HSBC supports companies in “Google Cloud Ready – Sustainability” ecosystem

HSBC has partnered with Google Cloud to accelerate climate mitigation and resilience, offering finance support for companies in the programme.The ‘Google Cloud Ready –...

HSBC hit with £57.4m fine for depositor protection failures

One of the UK’s largest banks has been fined £57.4m by the Prudential Regulation Authority (PRA) for failing to meet the Bank of England’s...

HSBC joins race to acquire Tesco Bank

HSBC, amongst other suitors, has shown interest in acquiring Tesco Bank as the latter announced it was exploring a sale last February. According to a...

HSBC rolls out Zing platform in line with global payments strategy

HSBC has informed Bloomberg about its ‘global vision’ in the payments processing space, as the UK multinational bank launches a new money transfer app,...

HSBC turns SVB UK into new innovation banking centre

After buying the collapsed Silicon Valley Bank (SVB) UK earlier this year, HSBC is turning the commercial bank into a new innovation banking centre...

Black Friday down as online banking breaks for HSBC customers

On one of the most anticipated days for spending in the calendar, Black Friday shoppers who also happen to be HSBC customers have been...

Mangopay enhances FX offering to address avoidable global payout risks 

Payments infrastructure provider Mangopay has announced that it is expanding its focus on helping platforms scale up internationally with the launch of a new...

HSBC and ANT Group launch successful tokenised deposits trial

Through the backing of Chinese conglomerate Ant Group, HSBC has announced successful trials testing tokenised deposits in intra-group treasury transactions. Ant Group lent its blockchain...

HSBC highlights importance of  financial literacy in the esports economy

During a panel discussion at last week’s ESI London 2023 conference, representatives from HSBC UK were joined on stage by EXCEL ESPORTS to raise...

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