The Latest Breaking News from HSBC

Mandelson-backed Bank of London reveals £42m in fresh funding days after winding-up petition

Clearing bank’s future was thrown into question by HMRC action over unpaid taxes last Thursday

The Guardian - UK · Sep 9, 2024

ECB To Deliver Fresh Rate Cut As Inflation Cools

The European Central Bank is expected to cut interest rates again this week as inflation drifts back down towards its two-percent target, but policymakers will likely stay tight-lipped on future moves.

International Business Times · Sep 9, 2024

HSBC on hiring spree to drive UK wealth division ambitions

Exclusive: Europe’s biggest bank hopes to double UK arm of its wealth and private banking operations

The Guardian - UK · Sep 8, 2024

Race for UK banks to repay £100bn in Covid loans could help savers

Lenders may look to attract more deposits from savers to raise funds to repay Bank of England pandemic-era loans

The Guardian - UK · Aug 19, 2024

£100 cash and interest-free overdrafts: how to pick a student bank account

If you are heading off to university, there are tempting freebies on offer – we examine the best deals

The Guardian - UK · Aug 17, 2024

TSB says yes to mortgage rate cuts

It follows similar moves by the likes of Halifax, Nationwide, NatWest, and HSBC

Evening Standard · Aug 15, 2024

NatWest latest major lender to offer sub-4pc mortgage rate in new price war

The high street lender began offering a 3.89 per cent deal with a £1,495 fee on Tuesday, following hot on the heels of other attractive offers for homeowners from Santander, Barclays, HSBC and Halifax

The Independent UK · Aug 13, 2024

Barclays becomes first UK bank to lift EU cap on bankers’ bonuses

In a memo sent to staff Barclays confirmed it was dropping the bonus cap, which will allow employess to earn up to 10 times their salary

The Independent UK · Aug 9, 2024

HSBC and Barclays slash five-year fixed mortgage rates to below 4%

Home loan price war is expected to boost the property market in the Autumn

Evening Standard · Aug 7, 2024

Big UK banks need to do more to be ready for potential failure, says Bank of England

BoE warns lenders including Barclays and Standard Chartered in effort to prevent social media-driven runs

The Guardian - UK · Aug 6, 2024