Market news, analysis & forecast powered by

Preview Mode

FM Home
> Hsbc
Europe's Economic Crossroads: Recession Fears and S&P Global's
Education Center
Will Blockchain Technology Mark a Turning Point in Fraud
Education Center
7 Things We Wish Someone Had Told Us Before We Started Trading
Education Center
FBS Analysts Unveil Key Crypto Trends in 2024 and Market Thought Leadership

hsbc

Search for a tag
Regulation

HSBC Australia Faces ASIC Lawsuit over Alleged $23 Million Scam Losses

  • ASIC sues HSBC Australia for allegedly failing to protect customers from scams.
  • The bank faces accusations of inadequate fraud controls and delays in investigating unauthorized transactions.
Monday, 16/12/2024 | 07:31 GMT by Damian Chmiel
CryptoCurrency

HSBC Australia Blocks Crypto Transactions amid $171M Loss

  • The organization is blocking payments to cryptocurrency exchanges starting July 24.
  • Bendigo Bank has also decided to block payments to cryptocurrency exchanges.
Thursday, 25/07/2024 | 08:34 GMT by Tareq Sikder
Retail FX

Interactive Brokers and HSBC Launch Global Trading Platform

  • The investment platform allows HSBC's customers to access equities, ETFs, and bonds.
  • It is powered by Interactive Brokers and accessible via mobile app or online.
Wednesday, 10/07/2024 | 12:35 GMT by Jared Kirui
FinTech

Visa and HSBC Partner for Multi-Currency Transaction Platform

  • The new platform supports holding funds in over ten currencies, sending money in over 30 currencies, and transacting in more than 200 countries.
  • Launched in the UK this year, the Zing app plans to expand to additional markets.
Tuesday, 09/07/2024 | 14:25 GMT by Jared Kirui
Payments

Payment System Outages Highlight Vulnerabilities in Banking Infrastructure

  • Service disruptions at HSBC, Nationwide reveal digital banking weaknesses.
  • Ripple effects of technical failures.
Friday, 28/06/2024 | 16:09 GMT by Pedro Ferreira
Retail FX

FCA Fines HSBC £6.28 Million over Customer Treatment Failures

  • From June 2017 to October 2018, HSBC's actions resulted in insufficient consideration of customers' circumstances.
  • The company invested £94 million and disbursed £185 million in redress payments to address the identified issues.
Thursday, 23/05/2024 | 11:04 GMT by Tareq Sikder
Payments

Banks Prepare for a Quantum Cypherpunk Future

  • Decoding the enigma.
Thursday, 02/05/2024 | 16:00 GMT by Pedro Ferreira
Executive Moves

Noel Quinn's Surprise Exit Marks End of an Era at HSBC

  • The CEO has agreed to remain in the post until his successor takes over.
  • Quinn has been working with HSBC for almost 40 years.
Tuesday, 30/04/2024 | 06:26 GMT by Damian Chmiel
FinTech

HSBC's PayMe Teams Up with Adyen to Tap into Hong Kong's Payment Market

  • The partnership aims to enable Adyen's merchants to increase revenue through access to a broader customer base.
  • Adyen's merchants can utilize various payment methods, including PayMe, AlipayHK, Apple Pay, and Google Pay.
Tuesday, 02/04/2024 | 18:11 GMT by Jared Kirui
Retail FX

Customer Deposit Fiasco Costs HSBC a $73 Million Fine

  • The UK's PRA fines HSBC for failing to protect customer deposits adequately.
  • The fine could be higher but was reduced after the bank's active cooperation.
Tuesday, 30/01/2024 | 10:20 GMT by Damian Chmiel
FinTech

HSBC Challenges Revolut with Zing, Eyes Forex Dominance

  • The new app aims to dominate the cross-border payments market.
  • Its role is to take over customers from challenger banks.
Tuesday, 02/01/2024 | 17:12 GMT by Damian Chmiel
Institutional FX

HSBC Advances FX Trading Protection with Quantum Keys

  • HSBC wants to protect financial data from future quantum computer threats.
  • It used quantum technology to secure 30 million euro FX trade on AI platform
Wednesday, 06/12/2023 | 09:53 GMT by Damian Chmiel
FinTech

Broadridge Welcomes HSBC to Newly Launched Distributed Ledger Repo Platform

  • This platform aims to reduce settlement costs and enhance scalability.
  • Broadridge is planning to support a wide range of transactions on the new platform.
Wednesday, 15/11/2023 | 16:28 GMT by Jared Kirui
Retail FX

News Nuggets | 30 October: HSBC's $3B Share Buyback; Railsr $24M Funding Round

  • Also, Laser Digital and Nomura debuted in The Sandbox metaverse; MAS partnered for digital assets innovation.
  • Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Monday, 30/10/2023 | 10:37 GMT by Finance Magnates Staff
Retail FX

News Nuggets | 1 August: Meta to Launch 'Personas' AI Bots; Conotoxia Shows New Feature

  • Also, Paul Turner Joins Capex; HSBC doubles its net profit.
  • Read today's FX/CFDs, crypto and fintech sectors' dynamic news.
Tuesday, 01/08/2023 | 09:27 GMT by Finance Magnates Staff
Op-ed
Op-ed
FinTech
Op-ed
Op-ed

Corporates Are Spoiled for Choice When It Comes to Cash Pooling

  • Technology is vital to facilitating access to funds in remote locations.
  • Global banks are confident they will continue to dominate the market.
Monday, 17/07/2023 | 12:54 GMT by Paul Golden
CryptoCurrency

HSBC Reportedly Becomes First Bank in Hong Kong to Permit Crypto ETFs

  • There are currently three crypto ETFs listed on HKEX.
  • Hong Kong rolled out new crypto rules at the beginning of this month.
Monday, 26/06/2023 | 13:54 GMT by Solomon Oladipupo
CryptoCurrency

Hong Kong Reportedly Pushing Top Banks to Support Crypto Firms

  • The targeted banks are HSBC, Standard Chartered, and the Bank of China.
  • Hong Kong recently legalized crypto for retail investors.
Thursday, 15/06/2023 | 12:42 GMT by Jared Kirui
Institutional FX

HSBC Shutters New Zealand Wealth and Personal Banking Operations

  • The lender cited changing operating requirements and business scalability for the move.
  • HSBC is also shifting its focus in the global business to Asia.
Tuesday, 13/06/2023 | 17:46 GMT by Jared Kirui
Institutional FX

From the Ashes of SVB UK, HSBC Gives Birth to New Innovation Banking Unit

  • HSBC UK bought former SVB UK, establishing specialized innovation teams in the US, HK, and Israel.
  • HSBC Innovation Banking is aimed at expanding the reach of its global innovation economy.
Monday, 12/06/2023 | 10:08 GMT by Damian Chmiel
Institutional FX

CFTC Slaps HSBC with $45M Fine for ‘Manipulative and Deceptive Trading’

  • The alleged violation occurred between March 2012 and 2015.
  • CFTC fights use of personal messaging channels for business deals.
Friday, 12/05/2023 | 20:38 GMT by Solomon Oladipupo
Institutional FX

UK's Silicon Valley Bank Sold for Just One Pound to HSBC

  • After SVB collapsed in the US, HSBC acquired the British part of the business.
  • SVB UK remains authorized by the PRA and the FCA.
Monday, 13/03/2023 | 08:54 GMT by Damian Chmiel
FinTech

Regtech Firm TAINA Gets New Fund from HSBC, Deutsche Bank and SIX

  • HSBC and Deutsche Bank participated in the firm's funding round last year.
  • The regtech industry has witnessed a number of deals this year.
Wednesday, 14/12/2022 | 17:03 GMT by Solomon Oladipupo
Institutional FX

RBC Buys HSBC Business in Canada for $10.1b

  • HSBC agrees to sell its Canadian branches to the Royal Bank of Canada.
  • The value of HSBC Canada's assets stood at $94.6 billion.
Tuesday, 29/11/2022 | 13:25 GMT by Damian Chmiel
Institutional FX

HSBC and Wells Fargo Expand DLT Solution for FX Transactions

  • The bilateral service started in December 2021.
  • Companies are broadening their reach by adding a new currency, CNH.
Thursday, 17/11/2022 | 14:24 GMT by Damian Chmiel
See more
Next
!"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|} !"#$%&'()*+,-./0123456789:;<=>?@ABCDEFGHIJKLMNOPQRSTUVWXYZ[\]^_`abcdefghijklmnopqrstuvwxyz{|}