HSBC Financial News
13.03 / 11:45
13.03 / 11:11
business
regulation
HSBC
Circle
banking
Silicon Valley
Breaking: Silicon Valley Bank UK arm acquired by HSBC for one pound
Global banking giant HSBC Holdings is coming to rescue the United Kingdom-based branch of the collapsed Silicon Valley Bank with a new acquisition.
13.03 / 10:41
Fallout
HSBC
Silicon Valley Bank UK sold to HSBC for £1
HSBC has bought Silicon Valley Bank UK for just £1 in a dramatic rescue deal for the failed technology lender.
10.03 / 23:29
Blockchain
CBDC
Digital
HSBC
Simulation
swift
reports
testing
Swift Reports Positive Results from CBDC Pilot Test, Continues with Next Phase of Testing
The international payment system Swift has reported positive results from a pilot test of transfers between different central bank digital currencies (CBDCs), saying they see “clear potential and value” in it.
10.03 / 12:39
09.03 / 13:54
Blockchain
Digital
HSBC
Swift to develop beta version of experimental CBDC connector
Sandbox participants included the Banque de France, the Deutsche Bundesbank, the Monetary Authority of Singapore, BNP Paribas, HSBC, Intesa Sanpaolo, NatWest, Royal Bank of Canada, SMBC, Société Générale, Standard Chartered and UBS.Tom Zschach, chief innovation officer at Swift, comments: “Our experiments have shown the critical role that Swift can play in a financial ecosystem in which digital and traditional currencies co-exist. Our API-based CBDC connector has been proven to be robust across almost 5,000 transactions between two different blockchain networks and traditional fiat currency, and we’re delighted to have the support of our community in developing it further.
03.03 / 22:55
BTC
Digital
Mobile
HSBC
Bitcoin
Support
Bitcoin Price Prediction – Why is BTC Down and Where is the Next Support?
Bitcoin has experienced a significant decline in its value over the past few days, prompting concerns among investors and traders. The market is currently trying to gauge the reasons behind this decline and determine where the following support for the cryptocurrency may lie.
03.03 / 17:47
BLOCK
Binance
HSBC
Customer
HSBC and Nationwide restrict customer crypto purchases
Explaining the move, it says: "There are certain risks with purchasing cryptocurrency, as highlighted by the Financial Conduct Authority."Payments to one exchange, Binance, are banned completely.Meanwhile, HSBC has put a block on crypto purchases using its credit cards, citing FCA concerns about the high-risk nature of the assets.In November, Santander put in place a £3000 monthly limit on payments to cryptocurrency exchanges.
03.03 / 14:23
Payments
regulation
HSBC
banking
UK
Regulator Warnings Prompt HSBC and Nationwide Banks to Limit Crypto Transactions
HSBC Holdings Plc and Nationwide Building Society imposed limits on retail customers' access to cryptoassets in another episode of UK banks reacting to the recent crypto industry legal and regulatory issues.
03.03 / 12:01
Provident
Binance
Digital
HSBC
HSBC, Nationwide to restrict crypto purchases with credit cards
HSBC Holdings and Nationwide Building Society in the United Kingdom have banned retail customers from purchasing cryptocurrency with credit cards. They are the latest in a growing line of banks in the UK to tighten restrictions on digital assets.
03.03 / 01:43
business
regulation
HSBC
Banks
UK banks HSBC, Nationwide to ban crypto purchases with credit cards: Report
United Kingdom babanks HSBC Holdings and Nationwide Building Society are banning cryptocurrency purchases via credit cards for retail customers. They join a growing list of banks in the country to tighten restrictions on digital assets.
25.02 / 21:03
UPS
Citi
Citigroup
HSBC
Trading Places: Citi bolsters tech deals team, HSBC eyes Middle East hires, KKR’s new global PE heads
Citigroup bolstered its European technology team by hiring a new managing director, part of a broader buildout of dealmakers focused on the sector at the Wall Street lender. Davide Russo has joined Citi's technology deals team in Europe, the Middle East and Africa.
24.02 / 16:23
UPS
Citi
Citigroup
HSBC
Trading Places: Citi bolsters tech deals team, HSBC eyes Middle East hires, KKR’s new global PE heads
Citigroup bolstered its European technology team by hiring a new managing director, part of a broader buildout of dealmakers focused on the sector at the Wall Street lender. Davide Russo has joined Citi's technology deals team in Europe, the Middle East and Africa.
21.02 / 21:05
21.02 / 17:27
21.02 / 14:33
HSBC
HSBC eyes dealmaker hires in the Middle East
HSBC plans to hire dealmakers in the Middle East this year as the UK lender anticipates a surge in activity in the region.
21.02 / 11:31
UPS
Gap
HSBC
HSBC’s gender and Black pay gaps got bigger in 2022
HSBC's pay gap for female and Black employees in the UK increased last year, despite a focus on recruiting more senior staff.
21.02 / 10:03
UPS
HSBC
Deal
HSBC’s investment bank up 10% as trading revenue offset deal slump
HSBC's global banking and markets unit was up 10% in 2022 as strong performance in its core trading and payments units offset a slump in dealmaking activity.
21.02 / 08:43
Action
HSBC
HSBC cuts top investment banker bonuses 17% to $672,000
HSBC paid its top investment bank employees an average bonus of $672,000 last year, a decline of 17% as firms have slashed pay in response to a slump in deal activity.
21.02 / 07:25
20.02 / 10:21
HSBC
Inside the rift between HSBC and its top shareholder
For nearly a year, HSBC has openly come under pressure from its top shareholder, Ping An Insurance, in a standoff that pits Europe’s largest bank against China’s largest insurance company.
frequently asked questions about HSBC
What is HSBC and why is it relevant?
HSBC is a high-demand area that interests a wide audience. On our site, we regularly publish articles related to this subject.
Where can I find the latest updates on HSBC?
All latest articles about HSBC can be found in the special selection. We publish information in a timely manner.
How can I verify the accuracy of information on HSBC?
We use verified data to ensure that the information about HSBC is well-supported and helpful for our readers.