09 October 2015

Latest articles for HSBC


China launches cross-border payment system

19 hours ago  |  2925 views  |  0 News

China's cross-border interbank payments system, established as a yuan-based alternative to the interbank Swift network, has launched with 11 domestic banks and eight foreign institutions onboard.


More global banks back blockchain collaboration plan

29 September 2015  |  11315 views  |  3 News

An initiative to create a set of global standards for the use of distributed ledger technology in financial markets has picked up momentum, with another 13 major banks - including BofA, Deutsche Bank and HSBC - throwing their weight behind the plan.


HSBC to rebrand Britsh retail operation as HSBC UK

03 September 2015  |  2353 views  |  1 Company announcement

HSBC announces today that the name of its UK ring-fenced bank will be HSBC UK.


HSBC glitch leaves thousands of customers without salaries

28 August 2015  |  7014 views  |  1 News

An IT problem at HSBC has affected some 275,000 Bacs payments and left thousands of customers without their monthly salaries just before a bank holiday.


HSBC closes 'branch for the rich'

28 August 2015  |  6416 views  |  1 News

Rich people use the internet, too. HSBC is blaming the rise in online banking for its decision to shut down a branch in Poole that caters only to wealthy customers.


HSBC mandated as RMB concentration bank for LME Clear

18 August 2015  |  1799 views  |  0 Company announcement

HSBC has been mandated as the sole offshore RMB concentration bank for LME Clear, the clearing house for the London Metal Exchange (LME) market.


HSBC chairman calls for policy debate over customer data

03 August 2015  |  9097 views  |  0 News

HSBC chairman Douglas Flint has called for a public policy debate on the ownership and use of consumer transactional data, as rapid technological change enables banks to assimilate and store vast amounts of personal financial information.


HSBC Q2 reports profits rise 10%

03 August 2015  |  1608 views  |  0 Company announcement

Unfashionable HSBC has (just for once) confounded its many critics today with a solid set of Q2 2015 results alongside a welcome $5.2bn sale of its Brazilian business.


HSBC names Eddie Norton head, payments and cash management, Europe

27 July 2015  |  2331 views  |  0 Company announcement

HSBC has appointed Eddie Norton as Head of Payments and Cash Management (PCM) for Europe.


US authorities extend Fifa probe to include banks - WSJ

24 July 2015  |  4179 views  |  1 News

US authorities are questioning a host of global banks over their role in handling bribes to executives of football's global governing body Fifa, and the effectiveness of their anti-money laundering systems.

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