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The Latest Breaking News from HSBC

HSBC says pre-tax profits slip to $17.5 bn in 2022

Hong Kong (AFP) - Banking giant HSBC on Tuesday announced a dip in 2022 pre-tax profits last year, calling the ongoing impact of Covid-19 the main factor in its financial performance.

AFP

Gateshead firm iPac creates 100% recyclable packaging with £4.2m funding deal

The family firm is launching two new products and creating new jobs on the back of the HSBC deal

Birmingham Post

Virgin Money, TSB and Nationwide bank account holders warned over online security risk

The study conducted by Which? and the independent security experts at Red Maple Technologies looked at 13 of the biggest account providers to assess their security when it comes to online and mobile banking

Daily Mirror

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Oliver Bonas in West Bridgford set to move into former HSBC bank

Plans have been but forward for the fashion store to relocate

Nottingham Post

Martin Lewis shares crucial mortgage tips for getting best deal if current fix due to end this year

The consumer champion shares a step-by-step guide for people remortgaging on the same property.

Daily Record

Virgin offers sub-4% five-year fix for new purchases

New 3.95% fixed rate will require a 40% deposit

Evening Standard

UK MPs and peers find HSBC complicit in Hong Kong human rights abuses

Bank sided with China in denying pension payouts to people who fled crackdown, says all-party group

The Guardian - UK

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HSBC launches one of the 'best' mortgage deals for homeowners since before the mini budget

It comes after the Bank of England raised interest rates to 4 percent last week

Manchester Evening News

First five-year fixed mortgage under 4% since mini-budget launched by HSBC

Britons will be able to fix monthly home loan costs at level below Bank of England base rate

The Guardian - UK

HSBC launches new 5-year deal as mortgage market hots up

MORTGAGE brokers say the market for home loans is roaring back, with cheaper loans coming on every day.

Evening Standard

Five-year fixed mortgage rates available below four per cent for first time since September

HSBC UK has reduced a five-year fixed-rate mortgage deal for borrowers with a 40 per cent deposit to 3.99 per cent.

Evening Standard

Five-year fixed mortgage rates now available below 4%

HSBC UK has reduced a five-year fixed-rate mortgage deal for borrowers with a 40% deposit to 3.99%.

The Independent UK

Full list of Barclays, Natwest, HSBC, Lloyds and Halifax bank branches closing in 2023

Several branches are closing in Merseyside

Liverpool Echo

Martin Lewis issues important advice to anyone with kids

The Martin Lewis Money Show Live gives out tips on savings accounts

Wales Online

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Daily Mirror

Full list of bank switch offers worth up to £200 - from Santander to TSB and First Direct

Switching banks has always been seen as a "quick and easy" way of making a little extra cash as banks usually offer an incentive for newbies to sign up and several banks have introduced new offers over the last few months

Wales Online

Surge in current account customers switching banks

Record number used seven-day switching service as rivals offer strong incentives to move accounts

The Independent UK

Surge in current account customers ditching and switching their bank

The number of current account customers using the seven-day switching service in the final quarter of 2022 was the highest since it launched in 2013.

Chronicle Live

Concern over second bank closure announcement in Whitley Bay in three months

Whitley Bay Labour councillor John O'Shea is concerned the closure will disproportionately affect the eldery and people who need face-to-face service

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The Guardian - UK

Celebrities call on UK banks to stop financing new oil, gas and coalfields

Stephen Fry, Emma Thompson and Mark Rylance add their voices to Richard Curtis’s Make My Money Matter campaign

Liverpool Echo

New diner Rooneys brings American sports bar and grill to Walton Vale

As being vacant for some time the old HSBC on the Vale has been transformed into a restaurant

Wales Online

HSBC bank cashier who died after being exposed to asbestos at work 'wasted away' in front of family

Her daughter recalled how she'd come home some evenings "completely covered in dust"

Liverpool Echo

HSBC warning over 'incorrect' fees, charges and rates

HSBC's failure to report accurate information risked leading customers to make the wrong decisions

The Independent UK

HSBC rebuked by competition watchdog over open banking breaches

The banking giant provided incorrect data or failed to provide required information on more than 50 different occasions over the past five years.

The Guardian - UK

Banks still investing heavily in fossil fuels despite net zero pledges – study

Financial institutions signed up to GFANZ initiative accused of acting as ‘climate arsonists’

The Guardian - UK

Young people warned not to be exploited as ‘money mules’ for UK criminal gangs

West Midlands commissioner and HSBC say moving illegally gained money is an offence that helps serious crime

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