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The Latest Breaking News from HSBC

Exiled pro-democracy Hong Kong activists blocked from accessing pensions

Case raises questions about complicity of western financial institutions in persecution of Chinese government critics

The Guardian - UK

Canary Wharf to carve out terraces in £400m HSBC tower makeover

The redevelopment will reportedly cost between £400m-£800m and will allow allow the public to enjoy ‘outstanding views’ of London

The Independent UK

Canary Wharf Group to carve chunks out of HSBC tower after bank leaves

Revamp of 42-storey block when bank moves out in 2027 will include new terraces and leisure facilities

The Guardian - UK

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‘More politicised than any other bank’: HSBC’s new boss prepares to ride the Chinese tiger

Georges Elhedery learned Mandarin in preparation for the top job, a sign that he grasps exactly where his lender’s strength and weakness lie

The Guardian - UK

FTSE 100 Live 17 July: US stocks sink, inflation sticks at 2%, HSBC new boss

A 2% inflation reading today failed to boost the chances of an interest rate cut in August.

Evening Standard

HSBC names new Mandarin-speaking CEO as bank prepares for US-China tensions

Lebanese-born ex-finance chief Georges Elhedery takes up job in September when bank veteran Noel Quinn steps down

The Guardian - UK

HSBC Names CFO Elhedery As Next Chief Executive

HSBC on Wednesday named chief financial officer Georges Elhedery as the bank's next chief executive to drive "the next phase of development and growth".

International Business Times

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Deutsche Bank and HSBC are winning Europe’s AI talent war

U.K. banks have expanded their AI talent pools faster than the U.S. and Europe to start 2024.

Fortune

Major mortgage lenders chopping rates as competition heats up

Halifax, HSBC UK, Barclays, Santander and NatWest are among those to have made rate cuts this week, or outlined plans to do so.

The Independent UK

How investing in green buildings, including cheaper home loans, is a win for banks, people and our planet

Australia is facing dual crises: increasing climate change risks and soaring housing costs. Financial institutions have a crucial role to play in funding and promoting solutions to these challenges.

The Conversation

HSBC Economist Warns Of Commodity Market Risks Under Potential Trump Presidency

While commodity markets must contend with high prices driven by constraints in the supply structure, they still have to face geopolitical tensions, according to the economist.

International Business Times

HSBC, Virgin Money and Nationwide customers hit by banking glitches on pay day

Customers have been unable to access their accounts online to make payments

The Independent UK

Intellectual property valuation and lending: a guide

What is my IP worth?

The Independent UK

‘Holiday mentality’ leaves people spending £250 more on extras while away

Dining out, live events, clothes and transport are among the items people splash out on, HSBC UK said.

The Independent UK

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The Independent UK

Chicken runs, boundary changes and a battle of economists: On the campaign trail in new constituency Hitchin

Labour’s Alistair Strathern tells Archie Mitchell that as well as life-long Tories, he is winning the backing of Green and Lib Dem voters against Bim Afolami

The Guardian - UK

Barclays and HSBC to cut fixed-rate mortgage deals

Other lenders likely to follow suit as analysts say cuts of up to 0.31 percentage points could fuel ‘summer of savings’

Evening Standard

'Doveish hold' feeds through to mortgages as HSBC cuts rates

City Comment: Lower interest rates — finally — should slowly fire up house buyers’ enthusiasm

The Guardian - UK

HSBC’s Swiss private banking arm breached money-laundering rules, regulator finds

Finma watchdog says bank failed to carry out adequate checks of two high-risk business relationships

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Caixin Global

HSBC Wraps Up Acquisition of Citi’s Mainland Retail Wealth Management Portfolio

The deal brings customers, deposits and investment assets from 11 cities and over 300 former Citigroup employees

The Guardian - UK

World’s top banks ‘greenwashing their role in destruction of the Amazon’

Institutions alleged to have given billions of dollars to oil and gas companies involved in projects that are harming the rainforests

Fortune

Banks don’t want to inspect your home office, so they’re forcing hundreds of employees to come in five days a week

Renewed rules for workplace inspections every few years are being blamed for mass return-to-office efforts.

The Independent UK

Bank fined millions over treatment of struggling customers

The bank put around 1.5 million people at risk of greater financial harm, according to the FCA

The Guardian - UK

‘Free money’ and 10% interest: carrots UK banks are dangling to get you to switch

Better deals are on offer in the battle to tempt new current account customers. But, be warned, there are a few strings attached

Barchart

Analysts Raise the Bar for Nvidia Stock Ahead of Q1 Earnings

Nvidia stock has risen around 20,000% in the past decade, and might move even higher, according to analysts price targets. Let's see why.

Barchart

3 Airline Stocks That Analysts Like Better Than Southwest

With Southwest Airlines shares taking a major blow amid Boeing’s ongoing safety concerns, here are three airline stocks that analysts favor.

1 2 3 4 5

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