The Latest Breaking News from HSBC

More than 5,000 branch closures have been announced since January 2015 by banks and building societies

Nationwide, Santander, NatWest, Barclays and Lloyds are also among the banks shutting several branches this year, with Newcastle, North Tyneside, South Tyneside and Durham affected

Interest rate rises look less likely as turmoil continues in financial sector as wider markets find support

FTSE 100 rises and European banking shares are up after early jitters over what UBS takeover deal means for bondholders

Workers reported to have received payouts from ‘modest’ pool of £15m-£20m following takeover deal by HSBC

In a matter of hours, investors, founders, industry volunteers, and government worked together to make sure 40% of their startups don’t go under.

The UK government's changes to R&D tax relief credits have been met with a mixed reception following the Spring Statement on Wednesday. Delivering the statement in the House of Commons, Chancellor Jeremy Hunt revealed the government's plans to roll out an ‘enhanced’ tax relief package for SMBs across the country.…

Silicon Valley Bank almost collapsed this week until leading figures in the US and UK stepped in — but what is the bank and why did it create such panic? Rohan Silva reports

Amdaris has secured a seven-figure finance package from bank HSBC