HSBC Financial News

LONDON — A tight labor market and comparatively slow return to earth for inflation means the Bank of England is likely to press ahead with a further interest rate hike in March, economists suggest.

Mid-market investment bank, Alantra, has continued its dealmaker hiring spree with HSBC's former co-head of financial institutions coverage in Europe.

The jobs, both at HSBC's Global Private Banking and Wealth (GPBW) business and both based in the UK, are currently being advertised on the bank's website. The global product manager for digital assets will be responsible for the smooth running of all activities via the creation, optimisation and running of governance and policy. "Because digital assets is a new topic and strategic & risk appetite considerations are evolving quickly, the product manager for digital assets will be required to build strategic frameworks and policies to help drive complex business, project and governance decisions," says the ad. Meanwhile, the product director, tokenisation will focused on asset tokenisation use cases, "required to make complex business and project decisions, that contribute to a high value, strategic initiative". Applications for both jobs close on 13 February.

HSBC has hired a JPMorgan veteran to lead its global banking coverage in the UK and Europe.

HSBC, the British multinational bank which manages the largest amount of assets in Europe, doubles down its interest in digital currencies. The bank is looking for a top executive to work with asset tokenization. 

HSBC executive Stuart White understands what it's like to turn up for work with your "mask up".

The jobs, both at HSBC's Global Private Banking and Wealth (GPBW) business and both based in the UK, are currently being advertised on the bank's website.The global product manager for digital assets will be responsible for the smooth running of all activities via the creation, optimisation and running of governance and policy."Because digital assets is a new topic and strategic & risk appetite considerations are evolving quickly, the product manager for digital assets will be required to build strategic frameworks and policies to help drive complex business, project and governance decisions," says the ad.Meanwhile, the product director, tokenisation will focused on asset tokenisation use cases, "required to make complex business and project decisions, that contribute to a high value, strategic initiative".Applications for both jobs close on 13 February.

UDPN has been in development for the last two years with contributions from GFT, Red Date Technology, TOKO, and DLA Piper. A sandbox was launched in July of 2022, where multiple banks were actively testing stablecoin transfer and FX transactions.

HSBC Asset Management’s UK boss Stuart White says prohibiting greenhouse gas emitters from investment funds will not solve the climate crisis.

Bosses at Britain’s biggest banks are being urged to stop funding new oil and gas expansion by a “weird and wonderful coalition” which includes celebrities Emma Thompson, Stephen Fry, politicians and climate activists.

An investing platform backed by the likes of oil giant Saudi Aramco and French soccer player Paul Pogba is launching a novel proposition in the U.K.: a physical branch and bank accounts backed by gold.

USPN has been in development for the last two years with contributions from GFT, Red Date Technology, TOKO, and DLA Piper. A sandbox was launched in July of 2022, where multiple banks were actively testing stablecoin transfer and FX transactions.

USPN has been in development for the last two years with contributions from GFT, Red Date Technology, TOKO, and DLA Piper. A sandbox was launched in July of 2022, where multiple banks were actively testing stablecoin transfer and FX transactions.

Rowan Dartington's chief operating officer Fiona Richards has left the investment manager to join PrimaryBid, a capital markets fintech.

On World Menopause Day in October 2021, a group of senior finance executives, including Baroness Helena Morrissey, issued a stark warning to the City – support your employees going through the menopause or be prepared to suffer an attrition of top talent.

Around the world, central banks are considering the viability of their own digital currency. Further, the efficiency and security that CBDC affords could bolster payments in developed countries and promote financial inclusion in emerging markets.

Around the world, central banks are considering the viability of their own digital currency. Further, the efficiency and security that CBDC affords could bolster payments in developed countries and promote financial inclusion in emerging markets.

Around the world, central banks are considering the viability of their own digital currency. Further, the efficiency and security that CBDC affords could bolster payments in developed countries and promote financial inclusion in emerging markets.

HSBC has hired a senior banker to focus on mid-market M&A deals, as large investment banks increasingly focus on smaller transactions amid a downturn in dealmaking.

Royal Bank of Canada said 29 November it has reached an agreement to acquire HSBC Canada for $10.1bn in cash.

Former Financial Conduct Authority communications director Tom Willetts is joining HSBC as global head of communications for private banking and wealth, according to two sources familiar with the move.