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The Latest Breaking News from HSBC

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

From analysis to the latest developments in health,
read the most diverse news in one place.

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 Independent 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’

The Guardian - UK

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

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

Evening Standard

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

The Guardian - UK

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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

Caixin Global

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

The Guardian - UK

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.

Fortune

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 Independent 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

The Guardian - UK

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.

Barchart

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news in one place.

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The Independent UK

Major lenders cut mortgage rates in ‘welcome boost’ for market

HSBC UK and Barclays are among the lenders to have tweaked their deals this week.

The Guardian - UK

Three UK banks announce cuts to cost of fixed-rate mortgages

Barclays Bank, HSBC and TSB reveal changes, reversing some of price rises seen in recent weeks

Evening Standard

New hope for home owners as two major mortgage lenders cut their rates

HSBC and Barclays fire the starting gun on what some advisers predict will be a new mortgage price war

Tom’s Hardware

Nvidia's next-gen Blackwell AI Superchips could cost up to $70,000 — fully-equipped server racks reportedly range up to $3,000,000 or more

HSBC analysts estimate that Nvidia will significantly increase pricing on the next-generation Blackwell processors for AI and HPC. That shouldn't be too surprising, given the size of the chips and the potential performance.

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news in one place.

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Investors Business Daily

Dow Jones Futures Rise; Apple, Google Move On iPhone News; Nvidia Gets Price Target Hike

Futures rose with Apple reportedly near a deal to use Microsoft-backed OpenAI tech, a blow to Google. Nvidia got a big price target hike.

Investors Business Daily

Nvidia, JPMorgan Chase Lead Five Stocks Near Buy Points

Nvidia and JPMorgan Chase lead this weekend's watch list of five stocks near buy points entering a pivotal stretch for the S&P 500.

Investors Business Daily

Dow Jones Rallies 100 Points, Led By McDonald's, 3M; Tech Giants Micron, Broadcom, Nvidia Show Strength

The Nasdaq composite faded off highs in the stock market today, but TSMC held a bullish gain after reporting strong sales in April.

Evening Standard

Bank of England set to offer clues on interest rate cut timing, but City expects another hold

Mortgage holders, house hunters and City traders on watch for pointer to a June rate cut

The Guardian - UK

Geopolitical tensions and Covid crisis: tightrope walk on China and Trump facing new HSBC boss

CEO is making a surprise exit after successfully slimming down the global bank and winning over its tough chair

Evening Standard

HSBC Innovation Banking chair departs in latest boardroom reshuffle

The chair of HSBC Innovation Banking has stepped down in the latest sign of a boardroom reshuffle at the firm formerly known as Silicon Valley Bank UK.

Top News

HSBC CEO Noel Quinn To Retire, Successor Search Begins

HSBC CEO Noel Quinn announces retirement after successful restructuring, with CFO Georges Elhedery a potential successor. Industry experts and shareholders...

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