News

A successful and large-scale attack to expose a bank’s customer biometric data could kick off the next financial crisis.
HSBC’s private banking arm has gone overweight US stocks and neutral on those in Europe, flipping its view from earlier this year after a breezy round of earnings from US tech companies.
HSBC Global Private Banking has shifted its investment stance to overweight on US equities, attributing the move to the ...
HSBC is exiting its business banking portfolio in the United States, as it continued to simplify operations and shift its focus to Asia and Middle East markets.
HSBC’s cost-cutting agenda is set to face a major disruption as the lender faces a shortfall of desks in its office move. The ...
The card network behemoths and the London-based bank are looking to expand account-to-account payments through fresh ...
The bank said in January it would wind down M&A and some equities businesses in the Americas and Europe. The Wall Street Journal said HSBC laid off 40 employees in the U.S. business banking division.
we have decided to exit our Business Banking portfolio in the United States,” HSBC reported in a statement to Reuters. This move will likely affect nearly 4,500 HSBC clients. The bank will be ...
When HSBC announced the shrinking of its ECM and M&A businesses it didn’t mention research and many at the bank suggested it ...
Customers with major banks such as HSBC, Barclays and Lloyds Bank will enjoy access to better services under Government plans ...