(Reuters) - HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second ...

HSBC has made a strategic investment in Token.io, the European fintech that has powered the bank's Open Payments solution since 2019.

will be unable to renew their cards upon expiry. Such clients account for a significant portion of the business in the nation. This move signifies the obstacles faced by HSBC in expanding its ...