The gravitational pull generated by emerging Asian economies on global payments traffic has been starkly illustrated in Latin America, where China has come to prominence as the number one trading partner for major nations such as Brazil, Chile, Peru and Columbia, creating new challenges and opportunities for banks providing payments and FX services to corporate and institutional clients.
Financial stability within the EU is at risk unless decisive and swift action is implemented by all authorities, according to a warning issued by the European Systemic Risk Board (ESRB), the EU's super-watchdog.
Leading banks have expressed their disappointment at yesterday's news that Target 2 Securities (T2S), the European Central Bank's plan to streamline Europe's securities settlement structure, has been delayed yet again.
HSBC has expanded its cash management coverage in Europe with the formation of partnerships with domestic banks in Norway, Sweden and Denmark.
HSBC has launched two new online mortgage services to meet growing consumer demand to arrange their finances remotely.
HSBC Securities Services (HSS) today announced that it has successfully implemented its new performance measurement and attribution platform, BI-SAM B-One (B-One), with the first client now live.
HSBC Bank plc ('HSBC'), SAP AG and SWIFT announce the launch at Sibos of the next generation of HSBC Connect to SAP, HSBC's corporate-to-bank integration and treasury solution catering to HSBC's corporate customers that use SAP enterprise resource planning (SAP ERP) software.
The Stock Exchange of Thailand (SET) announces the success of deployment of corporate action news sent via SWIFT messages (CA SWIFT), the format used for transmitting information of listed firms to depository participants directly, with HSBC Thailand being the first to apply this new service starting from this month.
Interbank messaging co-operative Swift is preparing for global deployment of its 3SKey digital identity service for bank-to-corporate treasury authentication following a successful roll-out in Europe.
Nationwide offers the UK's most secure online banking experience and Norwich & Peterborough Building Society the least, according to Which?
© Finextra Research 2013