Barclay family avoids bankruptcy after deal with HSBC over £143m debt Bank says it has withdrawn proceedings against former Telegraph owners Aidan and Howard Barclay at high court The Guardian - UK · Apr 29
Barclays and Tesco Launch New Fuel Cashback: Here's How You Can Avail of It Barclays and Tesco introduce a limited-time 5% fuel cashback offer for Barclays debit card holders at Tesco stations, aiming to ease rising motoring costs in the UK. International Business Times UK · Apr 29
Banking Updates: Lloyds Bank, HSBC, NatWest Changes and What They Mean for You New UK rules require banks to give 90 days' notice and clear reasons before closing accounts, improving fairness and customer protection. International Business Times UK · Apr 27
HSBC ‘reviewing’ private school perk for bankers in Hong Kong Hundreds of senior staff in territory benefit from nearly £30,000-a-year grant per child not available to staff in group’s other hubs The Guardian - UK · Apr 27
HSBC UK will offer British Sign Language training for beginners to its employees The bank said it believes the initiative will contribute to providing a ‘more inclusive experience’ for staff and customers. Evening Standard · Apr 26
Wall Street Can’t Seem to Get Enough of Intel Stock Intel’s stock has climbed over 200% over the past year due to AI-led demand. Barchart · Apr 23
More lenders cut rates in fresh boost to mortgage market ‘Blink and you’ll miss them’, warn brokers on mortgage deals The Independent UK · Apr 23
Major mortgage lenders set to make more rate reductions after last week’s cuts Santander and HSBC UK, which both made mortgage rate reductions last week, are making further cuts this week. Evening Standard · Apr 22
FTSE 100 falls back amid renewed US-Iran tension XTB’s Kathleen Brooks said ‘the market mood is very different at the start of the week compared to Friday’. Evening Standard · Apr 20
Bank bosses called to meeting with Reeves over impact of Iran war on UK economy HSBC, Barclays, Lloyds, NatWest and Santander will this week discuss with chancellor how to limit effects of conflict The Guardian - UK · Apr 19
Levi genes on show as Aussies power into sevens semis A double act from the Levi sisters has powered Australia into the semi-finals of the HSBC SVNS World Championships in Hong Kong. AAP · Apr 19
Major lenders poised to reduce mortgage rates on Friday in ‘encouraging’ move Average rates are showing signs of having reached a plateau, according to Moneyfacts. Evening Standard · Apr 16
HSBC says Iran war is hitting confidence as businesses warn over economic risks Oil-driven inflation is big challenge to world economy, lifting inflation and depressing growth, says bank’s chair The Guardian - UK · Apr 14
AAP · Mar 30 Top forecaster's dire prediction if Iran war drags on Australia could enter a recession, with the Reserve Bank raising interest rates a further three times, economists warn as fears of a protracted conflict mount.
Barchart · Mar 25 HSBC Just Double-Upgraded Arm Stock. Does That Make It a Buy Here? HSBC’s bold double upgrade has reignited the AI bull case for Arm, with sky-high expectations building. Is it worth buying now?
International Business Times UK · Mar 19 HSBC Eyes 10% Workforce Layoff — Up to 20,000 Jobs at Risk in AI Efficiency Push HSBC is evaluating job cuts affecting 20,000 roles as part of an AI-driven efficiency initiative, focusing on non-client facing positions
Saving Advice · Mar 17 Repeat Offenders: 5 Banks Shaken by Constant Scandal Banking scandals tend to erupt suddenly, but many of them build quietly over years. When a major financial institution is caught breaking rules or harming...
MarketBeat · Mar 13 Despite Global Tensions, HSBC’s Asia Strategy Is Paying Off HSBC stock is counting on the bank’s Asia-focused strategy, as strong profitability and rising dividends and share buybacks position it for long-term growth.
The Times of India · Mar 12 Middle East news: HSBC makes bold GCC prediction as Iran vs US-Israel war rattles markets and oil prices surge Despite escalating Iran vs US-Israel war, HSBC reaffirms strong confidence in GCC economies, signalling global banks are not retreating. The region's diversified economies, fiscal strength and strategic location continue to attract capital, even as markets grapple with conflict-driven volatility and energy price surges. Financial hubs like Dubai and Abu Dhabi…
MarketBeat · Mar 11 3 Stocks That Just Announced Big Dividend Increases Investors looking to bolster their income streams can look to HSBC, Crown Holdings, and Torm, which have recently increased their dividends by sizable amounts.
The Guardian - UK · Mar 11 Average UK mortgage rate tops 5% as lenders scurry to reprice loans amid Middle East crisis More than 500 lending products pulled in biggest single upheaval since Liz Truss’s mini-budget in 2022
Evening Standard · Mar 11 Mortgage rates shoot up and deals are pulled in worst crisis since Truss mini-Budget Almost 500 mortgage products pulled in just 48 hours amid turmoil
The Independent UK · Mar 10 Savers told of ‘golden window’ to stash money into Isas as market expected to heat up Currently, people can newly save up to £20,000 annually in cash Isas, stocks and shares Isas, or a mix of both
Evening Standard · Mar 10 ‘Golden window’ to stash money into Isas opens as providers improve deals HSBC UK is offering up to £500 cashback for depositing and/or transferring new funds into a cash Isa before May 11.