HSBC - News, Articles & Research

Company announcement/Sibos

HSBC becomes first international bank to introduce Swift Payment Pre-validation

HSBC has made two enhancements to minimize the risk of unnecessary payment delays and deliver a smoother, more secure payments experience, including becoming the first bank with a global footprint to introduce SWIFT Payment Pre-validation.

14 October 2021

News/people

HSBC poaches Google's Narain to lead platforms, global commercial banking

HSBC has hired Google's Aman Narain as head of platforms for global banking, responsible for helping the bank's clients embed its solutions into their digital platforms.

30 September 2021

News/cloud

HSBC taps Google Cloud to monitor climate risks

HSBC has developed a new credit ranking tool capable of running multiple 'what if' climate risk scenarios simultaneously on Google Cloud.

30 September 2021

Company announcement/wholesale

Bank of China, DBS and HSBC join trade finance advisory group

Global Shipping Business Network (GSBN), an independent, not-for-profit technology consortium to build a blockchain-enabled operating system designed to redefine global trade, welcomes Bank of China (“BOC”), DBS Bank (“DBS”) and The Hongkong and Shanghai Banking Corporation Limited (“HSBC”), to form the consortium’s Trade Finance Advisory Group.

15 September 2021

News/crypto

ANZ, Citi, HSBC and Standard Chartered in the running for MAS digital currency prize

Global banks ANZ, Citibank, HSBC and Standard Chartered are among the 15 finalists selected by the Monetary Authority of Singapore for a competition aimed at overcoming problems in the development of a retail central bank digital currency.

31 August 2021

Company announcement/payments

HSBC Qatar launches mile payments service

HSBC Qatar has launched mobile payments and collections services for both its personal and corporate customers, as part of its ongoing investment into digitising banking services.

23 August 2021

News/wholesale

LendInvest secures £150m partnership with Barclays and HSBC

LendInvest, an asset management platform for property finance, has agreed a £150 million partnership with Barclays and HSBC to get funding to UK property entrepreneurs.

16 August 2021

News/payments

HSBC to issue accessible vertical cards

HSBC UK has teamed up with Alzheimer’s Society to design a new range of cards with features that will support people with dementia, as well as visual impairments, learning difficulties and dyslexia.

11 August 2021

News/security

Woman left on hold for seven hours by HSBC after trying to report fraud

Julie, a woman from Devon who lost £3,900 after fraudsters posed as her bank spent a total of seven hours on the hold at HSBC, racking up a £50 phone bill, as she tried to report the fraud.

04 August 2021

News/startups

HSBC Asset Management creates specialist fintech investment arm

The asset manmagement arm of HSBC has launched a new venture capital investment strategy aimed at giving clients expopsure to companies that will participate in "the transformation of financial services".

03 August 2021

News/retail

HSBC to reduce real estate by 20%; introduces mindfulness sessions for stressed out home workers

HSBC intends to reduce its office space by 20% by the end of 2021, taking advantage of the work from home trend during the global pandemic to reduce real estate expenses.

02 August 2021

News/markets

Commerzbank faces €200m hit after ditching HSBC outsourcing deal

Commerzbank will write off €200 million in the second quarter after deciding to abandon plans to outsource securities settlement to HSBC, citing "technical implementation risks".

23 July 2021