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The Latest Breaking News from HSBC

Thousands of HSBC customers in UK unable to access online banking services

Consumers report problems using bank’s app on one of the busiest shopping days of year, Black Friday

The Guardian - UK · Nov 24, 2023

HSBC warns of rise in firms targeted by purchase scams ahead of Black Friday

Purchase scams cases were 30% higher in October compared with the same month last year, the bank said.

The Independent UK · Nov 23, 2023

The Guardian view on festive marketing: stop spending like there’s no tomorrow

Editorial: Between Black Friday and Christmas we will see adverts encouraging people to desire things that don’t reveal what they could cost the planet

The Guardian - UK · Nov 21, 2023

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Jury clears climate protesters of causing damage to HSBC London HQ

Nine women used hammers and chisels to shatter building’s windows in April 2021 as part of Extinction Rebellion protest

The Guardian - UK · Nov 16, 2023

Day of reckoning looms in Downing Street for Sunak's inflation target

City expects inflation to fall in line with the prime minister's pledge to halve it, with much of the work done by the Bank of England

Evening Standard · Nov 13, 2023

Tesla Stock Takes a Hit from Analysts - But Selling Short Its Puts Make Sense

Tesla stock took another hit with a new analyst's negative assessment of the stock. However, high prices of deep out-of-the-money put options show it makes sense to sell them short for income.

Barchart · Nov 10, 2023

Stocks Fall as Powell Dampens Hopes the Fed is Done Raising Rates

What you need to know… The S&P 500 Index ($SPX ) (SPY ) Thursday closed down -0.81%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.65%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed down -0.82%. Stocks on Thursday posted moderate losses. Stocks were under...

Barchart · Nov 9, 2023

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Martin Lewis shares two-minute banking tips to get hundreds of pounds in free cash

Money Saving Expert Mr Lewis continues to give advice to people struggling in the cost of living crisis

The Independent UK · Nov 7, 2023

Martin Lewis shares two-minute banking tips to get hundreds of pounds in free cash

Money Saving Expert Mr Lewis continues to give advice to people struggling in the cost of living crisis

The Independent UK · Nov 6, 2023

Martin Lewis issues urgent plea to not miss out on free £205 before deadline

Money Saving Expert Martin Lewis has urged people to get free £205 from HSBC before the end of the deadline.

The National (Scotland) · Nov 4, 2023

Two black heroes on slave trade abolition stamp series

Brief letters: Olaudah Equiano and Ignatius Sancho | Seaweed servings | Bank profits | Retirement age | A vote for Labour

The Guardian - UK · Nov 1, 2023

London financial district to have 11 more towers by 2030

Number of planning applications received and decided increases by 25% as City workforce grows

The Guardian - UK · Nov 1, 2023

Banks pumped more than $150bn in to companies running ‘carbon bomb’ projects in 2022

Projects that risk 1.5C heating target operated by companies receiving financing from European, Chinese and US banks

The Guardian - UK · Oct 31, 2023

HSBC doubled its profits and is giving shareholders $3 billion in buybacks but the bank's troubles haven’t ended just yet

London-listed HSBC's profits soared, thanks to elevated interest rates. But high costs and pains in Chinese real estate continue to put pressure on it.

Fortune · Oct 30, 2023

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The Independent UK · Oct 30, 2023

Average value of a romance scam in June was nearly £70,000, says HSBC UK

The bank warned that it can take months before romance scammers ‘show their true colours’ to victims.

The Guardian - UK · Oct 30, 2023

Higher interest rates help HSBC to more than double profits

Bank criticised by MPs for being too slow to reward savers as it announces 15% rise in net interest income and $3bn share buyback

Evening Standard · Oct 30, 2023

HSBC gives $3bn boost to investors as profits double

HSBC saw profits in the third quarter more than double to $7.7 billion thanks to higher interest rates, figures likely to lead to fresh calls for banks to boost savings rates.

Barchart · Oct 23, 2023

Stocks Settle Mixed as Bond Yields Decline

What you need to know… The S&P 500 Index ($SPX ) (SPY ) on Monday closed down -0.17%, the Dow Jones Industrials Index ($DOWI ) (DIA ) closed down -0.58%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) closed up +0.30%. Stocks on Monday settled mixed, with the S&P...

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Barchart · Oct 23, 2023

Stocks Recover Early Losses After Bond Yields Slip

What you need to know… The S&P 500 Index ($SPX ) (SPY ) today is up +0.05%, the Dow Jones Industrials Index ($DOWI ) (DIA ) is down -0.06%, and the Nasdaq 100 Index ($IUXX ) (QQQ ) is up +0.27%. Stocks this morning are mixed, with the Dow Jones...

The Guardian - UK · Oct 21, 2023

Mortgage debts and bust firms put UK banks’ profits under pressure

With the big lenders reporting their results this week, investors are trying to stay optimistic and hoping there will be no more crises

Fortune · Oct 18, 2023

HSBC has already blocked staff from using WhatsApp on work phones—now the bank is banning texts, report says

HSBC is among the many banks that have recently faced scrutiny for employees' use of private messaging apps like WhatsApp to chat about business.

Evening Standard · Oct 13, 2023

Wall Street bank boom shows gulf between New York and The City

JP Morgan boss warns: “This may be the most dangerous time the world has seen in decades.”

The Conversation · Oct 12, 2023

Bank CEOs set the tone from the top when it comes to risky behaviour — new research

Metro Bank positioned itself as “a fresh start to banking” when it launched in the wake of the 2008 global financial crisis. It was set up in 2010 as a challenger to the “big five” banks dominating the UK market post-crisis: HSBC, NatWest, Lloyds, Barclays and Santander.

The Guardian - UK · Oct 7, 2023

‘I lost £240,000’: UK fraud victims share their stories

Scammers stole more than £1.2bn from UK consumers in 2022. We speak to victims of fraud – and give tips to avoid being duped

The Independent UK · Oct 5, 2023

Six high-street banks given ‘red’ warning over eco policies, Which? reveals

JP Morgan Chase, Santander, Barclays, HSBC, NatWest Group and Lloyds Banking Group were criticised by the consumer champion.

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