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The Latest Breaking News from HSBC

Major banks shared sensitive bonds information in online chats, CMA finds

Traders at five banks found to have discussed British government bond trading between 2009 and 2013

The Guardian - UK

Stocks Tumble as Debt-Ceiling Deadline Looms

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Tuesday closed down -1.12%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.69% and the Nasdaq 100 Index ($IU XX) (QQQ ) closed down -1.28%. Stock indexes Monday posted moderate losses as U.S. debt...

Barchart

People searching for bank holiday bargains warned to look out for purchase scams

HSBC UK said it recorded a jump in purchase scams in March and warned that scammers could be out to ruin the bank holiday weekend.

The Independent UK

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Interactive map shows all the banks closing across Nottinghamshire

You can see if banks are closing or have closed in Nottinghamshire using the interactive map

Nottingham Post

Leeds bank closures mapped as 10 shutting across city in 2023 with people left with no local branch

Bank branches have been closing across the country

Leeds Live

Hundreds of Santander, Barclays, NatWest, Lloyds and HSBC banks are closing this year - the full list

460 bank branches are set to close across the UK this year - leaving 109 communities in England without a single bank on the high street

Manchester Evening News

UK bank closures IN FULL including Santander, Barclays and HSBC - search your town

A total of 397 branches have closed or will close in England in 2023, along with 37 in Wales, 20 in Scotland, and five in Northern Ireland - use our map to see how your town will be affected

Daily Mirror

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I can’t get a refund as my John Lewis card is now defunct

The issuer, HSBC, says there’s nothing it can do … and so does John Lewis Finance

The Guardian - UK

Three Scottish Barclays stores to close as 110 UK branches shut this year

Barclays Bank has announced it will be shutting a further 15 stores in 2023, taking its total number of closures for the year to 110.

The National (Scotland)

Dow Jones Up As McCarthy Gives Debt Ceiling Warning; Activist Investor Targets This Growth Stock

The Dow Jones rose as Kevin McCarthy gave a debt ceiling warning. Microsoft stock rose after a regulator boosted a deal. Meta stock popped.

Investors Business Daily

Cardinal Global Logistics becomes 'biggest employee-owned company of its kind in the world' in 'transformational' move

Under its new ownership model, every members of staff will get a share of its future profits.

Birmingham Post

Neil Jameson obituary

Founder of Citizens UK who was a driving force behind the living wage campaign

The Guardian - UK

The secret hall not used for decades found hidden inside a former HSBC bank

A company moving into offices in a small Welsh town have been left stunned after discovering a 'secret' hall inside their new building. The hall, which is not believed to have been used in several decades, was found on the top floor of the former HSB

Wales Online

Bud Light's Parent Company Has a Specific Plan to Try to Win Back Customers

Anheuser-Busch has a strategy to bring Bud Light back to the forefront.

The Street

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Birmingham Post

Bridgend brewery to build solar farm following six-figure funding deal

Cold Black Label and Brecon Brewery have secured finance from HSBC for the solar farm

The Guardian - UK

UK MPs urge minister to do more to free Hongkongers’ trapped savings

First British ministerial visit to Hong Kong since Chinese crackdown focused on attracting investment

Al Jazeera

Hong Kongers fleeing China’s crackdown denied pension savings

Activist group estimates Hong Kongers in the UK are unable to access $2.8bn in retirement savings.

Bangkok Post

Bankers' pay is booming in Saudi Arabia

DUBAI: Even as the global financial community contends with layoffs and lower bonuses, banking jobs remain plentiful and salaries are surging in one unexpected corner of the world: Saudi Arabia.

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The Guardian - UK

Labour criticised for giving global banks access to parliament

Exclusive: HSBC and NatWest staffers seconded to shadow business secretary Jonathan Reynolds’s team

AFP

HSBC defeats proposal to spin off bank's Asia ops

London (AFP) - HSBC on Friday overwhelmingly defeated an activist proposal supported by its largest stakeholder, Chinese insurer Ping An, to spin off the bank's Asia business in a search of better returns.

Evening Standard

HSBC management claims victory as Ping An finds little support for pro-breakup resolution

The insurance group calling for a split found few allies willing to join its side on the vote

AFP

HSBC defeats proposal to split bank

London (AFP) - HSBC on Friday comfortably defeated an activist proposal supported by its largest stakeholder, the Chinese insurer Ping An, that sought to split the bank in a search for better returns.

The Guardian - UK

HSBC investors reject plan to split bank in meeting disrupted by climate protest

Majority of shareholders reject proposal to spin off Asian operations, after hour of disruption from campaigners

AFP

HSBC seeks to keep bank intact as shareholders vote on split

London (AFP) - HSBC faced a vote by shareholders Friday over an activist proposal supported by the bank's largest stakeholder, Chinese insurer Ping An, to split the business as they seek better returns.

The Guardian - UK

Filipino activists appeal to British banks over region devastated by oil spill

Environmentalists from the Philippines urge investors to avoid LNG projects which they say threaten the Verde Island Passage

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