The Latest Breaking News from HSBC

Even a ‘rate shock’ for British mortgage borrowers may not help the banks

The prospect of home loan rates staying high for longer is not the tonic for lenders’ financial results it once was

The Guardian - UK · Apr 20, 2024

Best First Credit Cards in UK 2024: How To Apply, Eligibility, Card Fees, and More

Learn about fees, credit limits, eligibility, perks, and the role of credit scores when applying for UK credit cards for the first time.

International Business Times UK · Apr 15, 2024

West Virginia adds four banks to restricted institution list over ESG policies

West Virginia Treasurer Riley Moore (R) announced April 8 that four large banks and financial services firms—Citigroup, TD Bank, HSBC, and The Northern Trust Company—were ineligible to do business with the state under a 2022 state law prohibiting contracts with businesses that boycott fossil fuel companies. The announcement came after…

Ballotpedia · Apr 12, 2024

Morgan Stanley will not quit Canary Wharf as it signs new lease until 2038

Big-name tenants like HSBC, Clifford Chance and Moody’s recently announced plans to leave Canary Wharf for the City, but the US investment bank will not follow them

Evening Standard · Apr 3, 2024

HSBC Launches Tokenized Gold Product in Hong Kong

The Gold Token is aimed at retail investors and is part of the government’s drive to build the city into a global virtual assets hub

Caixin Global · Mar 28, 2024

Mortgage shock as two major lenders raise interest rates on some products while cutting prices on others

Mortgage brokers were baffled by some of the changes

Evening Standard · Mar 26, 2024

HSBC urges investors to back AGM vote opening way to higher bonuses

London-headquartered lender wants to take advantage of UK’s decision to scrap bonus cap

The Guardian - UK · Mar 22, 2024

HSBC and NatWest accused of financing North Sea oil extraction despite pledge

Campaigners call on banks to cease funding Ithaca, which is playing a key role in Rosebank oilfield plan

The Guardian - UK · Mar 22, 2024

Mortgage holders and house hunters eye looming inflation data before Bank of England interest rate call

City experts predict that rate of price rises will hit BOE’s target in one or two months’ time

Evening Standard · Mar 19, 2024

Strength in Technology Stocks Leads the Broader Market Higher

The S&P 500 Index ($SPX ) (SPY ) this morning is up +1.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is up +0.37%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +1.63%. Stocks this morning are moderately higher, led by strength in technology stocks. Alphabet...

Barchart · Mar 18, 2024