Cash handling company Loomis has entered an agreement with the British bank HSBC for management of the Bank's remote ATMs across the UK.
On the day it reported first half pre-tax profits of $11.5 billion, banking giant HSBC has outlined plans to axe around 25,000 jobs - nearly 10% of its workforce - by the end of 2013.
M&T Bank announced today that it has signed a letter of intent to purchase a building on Park Club Lane in the Town of Amherst, New York formerly operated as a data center by HSBC.
Lloyds Banking Group is cutting another 15,000 jobs and pinning its hopes on better IT platforms as it bids to make savings of £1.5 billion a year by 2014.
Barclays' foray into mobile banking is reaping rewards, as once dormant Internet accounts are re-actived by mobile enthusiasts.
Omgeo, the global standard for post-trade efficiency, today announced the appointment of Clare Fraser as Managing Director of Strategy.
Customer satisfaction with online banking in the UK is high, far outstripping other channels such as branches, ATMs, call centres and mobiles, according to a survey from ForeSee Results.
Euroclear Bank announces today that HSBC France and The Bank of New York Mellon have signed up to Euroclear Bank's LoanReach service for syndicated loan transactions.
Banking giant HSBC plans to streamline its IT operations as part of a major, £2.1 billion, cost cutting exercise.
The world's biggest investment banks are being investigated in two European Commission antitrust probes into the credit default swaps (CDS) market.
© Finextra Research 2013