Zing championed by Nuno Matos-the next ANZ CEO Exactly 12 months after launch, HSBC has pulled the plug on Zing. In the process, HSBC has burnt through an estimated $150m in its failed attempt to ...
Yet another bank-led fintech venture has shut down within a year of its launch. HSBC’s Zing, a payments app, failed to gain ...
LONDON (Reuters) -HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with the matter said, as CEO Georges Elhedery steps up ...
Zing, the travel money and international payments app launched by the HSBC Group, is set to be shuttered after just a year in operation. The company announced on their website: "We will ...
HSBC is shutting down Zing as it reportedly continues to overhaul its structure. The staff at risk of redundancy will be informed soon. The Zing app was launched by HSBC just a year ago.
HSBC - one of the biggest high street banks in the country - has confirmed that it’s shutting its cross border payment app Zing, potentially leading to hundreds of job losses. The closure of ...
as well as the closing of HSBC’s Zing payments app. In January, the bank said it would stop providing mergers and acquisitions and equity underwriting services in New York, London and ...
HSBC also recently cancelled its Zing fintech app as a cost-cutting measure, raising questions about how the company will justify the payday jackpot. According to The Guardian, Elhedery’s current ...
HSBC is preparing to unveil $1.5bn of annual ... It also decided to shut down its payments app Zing just a year after its launch. The bank has acted swiftly to put Elhedery’s plan into action ...
as well as the closing of HSBC’s Zing payments app. Last month, the bank said it would stop providing M&A and equity underwriting services in New York, London, and continental Europe.