News

China remains primary market for global businesses to conduct trade, manufacturing: HSBC survey
China remains the primary market where global businesses plan to expand trade activities and increase manufacturing ...
BofA Securities downgrades HSBC on challenges 'in a more unstable world'
BofA Securities cut its recommendation on the U.K.-based bank HSBC (HSBC), citing "upside and downside risks feel balanced" ...
Hong Kong firms prioritize Mainland China, South Asia for expansion amid US, Europe trade barriers: Report
A recent HSBC survey indicates that Hong Kong firms are increasingly targeting mainland China and South Asia for business ...
Wealth Professional3h
HSBC bets $4bn on private credit as it pulls back from US business banking
HSBC will inject US$4bn into its private credit funds to accelerate growth in the fast-expanding US$2tn global private credit ...
Crowdfund Insider3h
Ant International Introduces Tokenized Deposit Solutions for Real-Time Treasury Management with HSBC
Ant International has recently announced its collaboration with HSBC on the bank’s new Tokenised Deposit Service in Hong Kong ...
Khaleej Times3h
India considers easing bank ownership rules as foreign interest grows
The Reserve Bank of India last month bent its rules to let Japan's Sumitomo Mitsui Banking Corp buy a 20% stake in Yes Bank, ...
Anyone with a bank account urged to do check as Nationwide announces £100 payments
Bank customers have been encouraged to check over their finances as Nationwide has announced it will pay out £100 to millions ...
Savings account holders urged to check after £100 payments announced
Savers are being urged to give their finances the once-over after Nationwide Building Society announced it will pay out £100 ...
Savings account holders urged to do check after £100 payments announced
Savers are being urged to give their finances the once-over after Nationwide Building Society announced it will pay out £100 ...
The Scarborough News5h
'Safe spaces’ created for individuals experiencing domestic abuse
Businesses in Bridlington are providing discreet locations for individuals experiencing domestic abuse, feeling unsafe, or ...
Rupee ends slightly lower, but bias for rise to 85 persists
MUMBAI, June 3 (Reuters) - The Indian rupee closed marginally lower on Tuesday, but analysts said the underlying bias continues to be for a gradual appreciation to 85 per dollar amid persistent dollar ...
The Banker6h
BoE accused of sidelining climate risk by former staff; Julius Baer unveils additional $159mn cost cuts by 2028
Julius Baer said on Tuesday it would introduce new cost-saving measures totalling SFr130mn ($159mn) by 2028, as part of a broader effort to strengthen governance and restore investor confidence ...