HSBC - News, Articles & Research

Mastercard partners HSBC to bring new B2B payments option to the UK

Mastercard has partnered HSBC to launch a product in the UK that allows businesses to use their commercial card programme to make payments to any supplier, regardless of whether the supplier accepts card payments.

21 March 2022

News/crime

HSBC Ventures joins investment round in Silent Eight

AI-based financial crime compliance outfit Silent Eight has closed a $40m Series B funding round, which welcomed HSBC Ventures, the firm’s latest customer, as an investor.

16 March 2022

News/wholesale

HSBC buys virtual plot of land in the metaverse

HSBC has become the latest financial institution to venture into the metaverse, acquiring virtual real estate in The Sandbox.

16 March 2022

News/retail

HSBC to shutter 69 branches

HSBC is to shut a further 69 branches, leaving 400 front-line jobs at risk.

15 March 2022

Company announcement/wealth

HSBC and ONE Esports team up to tackle financial fitness

HSBC, one of the world’s largest international banking and financial services organizations, and ONE Esports, a leading esports media platform and subsidiary of Group ONE Holdings (ONE), today announced a new partnership that will change the way players engage with esports.

15 February 2022

Company announcement/markets

HSBC integrates with Bloomberg AIM

HSBC and Bloomberg today announced their collaboration to offer a seamless post-trade workflow through product and data integrations, delivering a more streamlined front-to-back user experience for mutual clients.

08 February 2022

News/sustainable

HSBC earmarks $100 million to fund green technology

HSBC is to allocate $100 million to funding green technology projects as part of the Breakthrough Energy Catalyst network.

01 February 2022

Company announcement/payments

Coupa Sotware to offer HSBC virtual cards to European businesses

Coupa Software (NASDAQ: COUP), a leader in Business Spend Management, today announced a strategic collaboration with HSBC under its Coupa Pay offering.

12 January 2022

News/crime

HSBC fined £63.9m for AML failings

HSBC is the second bank this week to be handed down a fine by the FCA for failings in its anti-money-laundering (AML) processes, being hit with a £63,946,800 penalty.

17 December 2021

News/crypto

Banque de France demos ledger interoperability in CBDC trials

The Banque de France has completed the last of its interbank settlement in CBDC experiments, demonstrating the possibility of direct ledger interoperability in a hybrid cloud environment across multiple technologies and asset classes.

16 December 2021

Company announcement/sustainable

HSBC to phase out coal financing

We are committing to phase out thermal coal financing, in a net zero aligned timeline, in a way which enables HSBC to help finance a just transition in emerging markets.

14 December 2021

News/payments

HSBC and Wells Fargo achieve PvP settlement finality with DLT

HSBC and Wells Fargo have completed the first interbank Payment vs Payment (PvP) settlement outside of CLS using distributed ledger technology from Baton Systems.

13 December 2021