The Latest Breaking News from HSBC

Lenders have raised rates on some deals amid a ‘fraught political and economic climate’, with more expected to follow

September S&P 500 E-Mini futures (ESU25) are up +0.26%, and September Nasdaq 100 E-Mini futures (NQU25) are up +0.34% this morning, pointing to a higher open on Wall Street as investors boosted their expectations for how much the Federal Reserve will cut interest rates this year.

UK bank shares fell after IPPR proposed a 'QE reserves income levy' that could raise about £8bn a year by taxing windfalls from Bank of England reserves, reviving a Thatcher-era idea and sparking warnings from lenders about growth and competitiveness.

HSBC’s Willem Sels tells Fortune in an exclusive interview that while U.S. markets remain resilient, geopolitical uncertainty is pushing investors to diversify portfolios—particularly into China.

HSBC app outage left customers without access for five hours, highlighting risks of digital reliance as physical branches decline.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.

Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades, downgrades and initiations, please see our analyst ratings page.

HSBC’s sister bank First Direct is also facing disruption

HSBC said its services were back up and running on Wednesday afternoon.