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The Latest Breaking News from HSBC

Benzinga Before The Bell: Alibaba's Delisting Concerns, Amgen's Potential $10.7B Tax Bill, Kenya Will Not Shut Facebook Services And Other Top Financial Stories Monday, August 1

CNBC

Benzinga

HSBC gives £1,500 to lowest-paid workers but says job cuts are 'inevitable'

The money will land in August pay packets

Wales Online

HSBC boss hits back at calls for breakup of business from investor

Noel Quinn says such a move would come with ‘material costs’ and ‘high risk of failure’

The Guardian - UK

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HSBC sets course for return to quarterly dividend payments

The London-listed giant, which earns much of its revenue in Asia, has faced calls from investors for it to be broken up

Evening Standard

FTSE 100 Live: HSBC resists break-up call as Q2 profits surge

Break-up calls were resisted by HSBC today as the banking giant sought to win over shareholders with a big increase in dividend payments.

Evening Standard

Pound signs blind politicians to the flaws of financial titans

City Voices: David Cameron and others were far too eager to advance the bankers

Evening Standard

HSBC issues warning to anyone who receives 'phone call from Amazon'

The bank claimed there has been a rise in fraudsters impersonating the company

Liverpool Echo

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Banks far from hitting Paris climate targets, groups warn

Many of the world's biggest banks are falling far short of aligning their practices with the Paris Agreement goal of limiting the Earth's warming to 1.5 degrees Celsius above pre-industrial levels, a new report warns

The Independent UK

Urgent cost of living scam warning as victims lose thousands of pounds

HSBC and the UK's leading fraud prevention service have both urgently warned the public about new scams amid the worsening cost of living crisis — with victims losing thousands of pounds

Glasgow Live

New cost of living scam could empty your bank account and harvest your personal details

Criminals are taking advantage of the mounting financial pressure being put on households.

Daily Record

Customer warning as Lloyds, Natwest, HSBC, Barclays, Metro Bank breach regulations

The Competition and Markets Authority (CMA) said Lloyds, NatWest, HSBC, Barclays, Metro Bank and Bank of Ireland all breached regulations

Liverpool Echo

Bank reveals three most common scams

HSBC UK is warning that ‘sky-high’ living costs could push people towards fraudsters’ promises of high returns .

The Independent UK

Six banks break rules on giving customers correct information

The Competition and Markets Authority said Lloyds, NatWest, HSBC, Barclays, Metro Bank and Bank of Ireland all breached the regulations.

The Independent UK

Six high street banks broke strict competition rules and 'let customers down'

Bank of Ireland, Barclays, HSBC, Lloyds Banking Group, Metro Bank and NatWest will make changes, the Competition and Marketing Authority said

Wales Online

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Benzinga

This Is What Whales Are Betting On HSBC Holdings

Someone with a lot of money to spend has taken a bearish stance on HSBC Holdings (NYSE:HSBC). And retail traders should know. We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Liverpool Echo

Martin Lewis issues five day warning over £170 free cash trick

Bank customers can get their hands on a huge cash incentive but they need to act quickly

Daily Mirror

Barclays, HSBC, Lloyds and more closing 90 bank branches in WEEKS - see full list

The UK is losing high street banks at an alarming rate, with dozens of Barclays, Lloyds, HSBC, Bank of Scotland, Halifax and Nationwide outlets set to close within just a few weeks

Liverpool Echo

Over £1.5m owed by Liverpool venue before rescue by former Iceland boss

New documents have also revealed how much the business was sold for

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Bangkok Post

HSBC executive in climate row quits, attacks corporate ‘cancel culture’

The HSBC Holdings Plc executive at the centre of a row over climate change risks has resigned from the bank as he issued a broadside against corporate “cancel culture.”

Liverpool Echo

Martin Lewis tip to get £170 free cash but you need to be quick

Bank customers have less than a fortnight to claim the cash from HSBC

Daily Mirror

Less than two weeks left to claim free £170 from major bank - see if you're eligible

The money is being offered to those who start the move over to the HSBC Advance current account by July 18 - but you have to check you meet the eligibility criteria first

The Independent UK

A third of firms ‘see investment in automation as top priority’ amid hiring woes

The findings add to fears over the rise of automation and its impact on workforces across a raft of sectors.

The Guardian - UK

Sainsbury’s under new pressure to pay living wage for all workers

Queen’s bank Coutts plus Coal Pensions Board join others such as L&G and HSBC backing resolution for £9.90 an hour

The Guardian - UK

Banks and UK supermarkets accused of backing deforestation in Brazil

By funding and stocking products from Brazilian meat giant JBS, firms have also supported land-grabbing, investigation claims

The Independent UK

Tim Henman believes Emma Raducanu can survive glare of the Wimbledon spotlight

The 19-year-old sparked more fears around her fitness by pulling out of a practice session on Friday

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