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HSBC has created a loan designed to help businesses handle the cost of tariffs. HSBC TradePay for Import Duties is an extension of an already existing program. Businesses have been scrambling to ...
The shareholders, who together sit on more than £1.2 trillion ($1.6 trillion) in assets under management, will ask HSBC “to restate its commitment to the net zero transition,” according to ...
Mark Tucker, the chairman of HSBC Holdings, plans to retire after eight years in the job and the search for his successor is under way, the bank said in a filing to the London Stock Exchange on ...
HSBC has announced a multibillion-dollar share buyback plan despite a decline in profits and revenue. The bank stated that economic uncertainties are weighing on business growth, expecting a low ...
HSBC is rolling out the biggest overhaul to its online banking app for over a decade for its seven million banking customers. The major high street bank has redesigned its banking app and will be ...
HSBC said the revamped version of its personal banking app would be rolled out to all 7 million customers next month. 07:40, Mon, Apr 14, 2025 HSBC is preparing for the relaunch of its banking app ...
HSBC is in news and not for good reasons. The bank has recently laid off employees working at the mid-senior level (vice-president and above), a report by The Financial Times said. The employees ...
British banking giant HSBC fired a group of investment bankers on the day they were set to learn the size of their bonuses — and denied giving them their annual payout, according to a report.
HSBC Holdings Plc is considering outsourcing part of its sprawling trading business as executives struggle to justify making technology investments needed to keep up with larger rivals. Europe’s ...
HSBC Holdings’ HSBC U.K. division, HSBC UK Bank plc, has announced the sale of its private client trust business – HSBC Trust Company (UK) Limited – to Ludlow Trust. The financial terms of ...
HSBC’s financials have remained reasonably strong in recent quarters. In Q3 2024, pre-tax profits rose to $8.5 billion, up about 6% from the previous year, while HSBC revenues increased 5% year ...
In court papers lodged on Monday the corporate regulator also alleges the global bank is home to “mule” accounts, allowing cash to be funnelled between bad actors, and says HSBC has failed to ...
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