Retiring early, good work-life balance and kitchen island ‘key signs of wealth’ HSBC UK commissioned research comparing attitudes, perceptions and aspirations around wealth. Evening Standard · Feb 26, 2025
AI's big selling point of boosting worker productivity is so far a phantom It looks like a return to Solow's Paradox as CEO views of AI's advantage diverge. Fortune · Feb 25, 2025
Banks and defence stocks help lift FTSE 100 after Starmer ups security spending The blue-chip index gained 9.69 points, or 0.11%, to close at 8,668.67. Evening Standard · Feb 25, 2025
Geopolitical disruption be damned: HSBC finds fast-growing businesses are doubling down on global expansion The world's fastest-growing companies expect most of their sales to come from overseas, even as uncertainty grows. Fortune · Feb 24, 2025
UK regulator fines four banks £100m over traders’ sharing of information HSBC, Citi and Morgan Stanley among five banks CMA investigated for competition law breaches between 2009 and 2013 The Guardian - UK · Feb 21, 2025
Banks fined £100m after traders shared sensitive information in chat rooms For four years after the financial crisis bank staff were sharing information about the Government debt they were buying and selling, regulators said. Evening Standard · Feb 21, 2025
Four banks fined £100m over chat room messages HSBC, Citi, Royal Bank of Canada and Morgan Stanley were all fined, while Deutsche Bank received immunity for reporting its conduct to authorities The Independent UK · Feb 21, 2025
Four major City banks fined more than £100 million by watchdog CMA investigation found that traders were sharing information about the gilts market in chat rooms Evening Standard · Feb 21, 2025
HSBC net zero goal delayed 20 years, as CEO offered 600% bonus Bank is criticised for pushing climate targets to 2050 and watering down environmental goals The Guardian - UK · Feb 19, 2025
HSBC pushes back climate target for operations and supply chain by 20 years HSBC says factors ‘outside of our control’ affect its ability to meet its climate targets. Evening Standard · Feb 19, 2025
HSBC pushes back climate targets by 20 years and blames ‘lag’ in government policy UK head office to bear brunt of job cuts as bank aims to slash staffing costs by £1.2bn The Independent UK · Feb 19, 2025
HSBC reveals plans to cut jobs amid bid to slash costs by £1.2bn The banking group said it will reduce its global staff costs by around 8% under the overhaul. Evening Standard · Feb 19, 2025
FTSE 100 Live 19 February: Glencore and airline stocks fall, BAE and HSBC in results spotlight A jump in UK inflation to a 10-month high of 3% today dealt a blow to hopes of early further interest rate cuts. Evening Standard · Feb 19, 2025
HSBC Targets $1.5 Bn In Annual Cost Savings After Revamp Banking giant HSBC said Wednesday that CEO Georges Elhedery's plan since October to simplify the company's structure and geographic setup will yield $1.5 billion in annual cost savings by the end of 2026. International Business Times · Feb 19, 2025
Evening Standard · Feb 19, 2025 HSBC announces reduction in costs amid rise in profits The UK’s largest bank announced a pre-tax profit of 32.3 billion dollars (£25.2 billion) for 2024 on Wednesday.
The Independent UK · Feb 19, 2025 HSBC announce major cost-cutting drive including job losses as pre-tax profits top £25bn The UK’s largest bank announced a pre-tax profit of $32.3bn (£25.2bn)
The Fashion Central · Feb 18, 2025 Best and Worst Banks Revealed – And Lloyds and NatWest Didn’t Make the Cut The Competition and Markets Authority (CMA) has released its latest survey rankings, spotlighting the banks that are excelling and those that are falling short.
Evening Standard · Feb 14, 2025 HSBC set to unveil bigger profits as cost-cutting overhaul in focus Rivals Barclays and NatWest set the tone for the banking sector when they reported stronger earnings this week.
The Independent UK · Feb 14, 2025 Why are U.S. banks flying gold from London to New York? About 8,000 gold bars have been moved out of the Bank of England’s vaults in recent months
Fortune · Feb 14, 2025 Trump tariffs: Why is JPMorgan flying gold from London to NYC? Fears that Trump could impose a blanket tax on all imports from Europe, including gold, has prompted a massive influx of the metal into the U.S.
Evening Standard · Feb 11, 2025 HSBC online and mobile banking working again after service outage It follows recent outages at other major banks in recent weeks.
The Independent UK · Feb 11, 2025 HSBC hit by outage as users complain of being unable to log on It follows recent outages at other major banks in recent weeks.
The Independent UK · Feb 11, 2025 HSBC down: Online banking and app not working in major outage Outage comes after high-profile problems at banks across the high street
Evening Standard · Feb 10, 2025 Lewisham incident LIVE: Armed police lock down London high street in stand-off with knifeman Police are at the scene alongside the London Ambulance Service
Evening Standard · Feb 10, 2025 MPs quiz bank bosses over scale of IT failures after Barclays outage The Treasury Committee, a cross-party group formed of 11 members, wrote to banks including Barclays, HSBC, Lloyds and Nationwide on Monday.