HSBC

HSBC Holdings plc is a British multinational investment bank and financial services holding company. It was the 7th largest bank in the world by 2018, and the largest in Europe, with total assets of US$2.558 trillion.

Source: hsbc.com

COVID-Weakened EU Banks Fasttrack New Business Models
COVID-Weakened EU Banks Fasttrack New Business Models
August 23, 2020  |  Banking

The pandemic has fueled the need for European banks to restructure following years of poor performance. Get the Full Story Complete the form to unlock...

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HSBC Sees Profits Fall As Bad Debts Top $6B
HSBC Sees Profits Fall As Bad Debts Top $6B
August 03, 2020  |  Banking

HSBC, Europe’s biggest bank, has seen its profits plunge in the first six months of 2020, squeezed by low interest rates and the COVD-19 pandemic,...

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HSBC Glitch Causes Wrong Names On Thousands Of SMB Loans
HSBC Glitch Causes Wrong Names On Thousands Of SMB Loans
July 07, 2020  |  B2B Payments

Due to a technical glitch, thousands of U.K. government small- to medium-sized business (SMB) loans to HSBC customers were sent under incorrect names, BBC News...

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Chinese Banks Vie For SMBs With New Virtual Bank Applications
Chinese Banks Vie For SMBs With New Virtual Bank Applications
July 02, 2020  |  B2B Payments

New Chinese lender Ping An OneConnect, along with HSBC, are both working to help ease small- to medium-sized businesses (SMBs) into new virtual, more efficient...

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Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction
Fed Tackles Fraud On Legacy Rails As New Infrastructure Gains Traction
June 23, 2020  |  B2B Payments

New payments infrastructure continues to gain traction with financial service providers looking to modernize their services for business clients. Get the Full Story Complete the...

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HSBC Brings Remote Account Opening To Hong Kong SMBs
HSBC Brings Remote Account Opening To Hong Kong SMBs
June 22, 2020  |  B2B Payments

To let companies open business accounts online, HSBC rolled out Hong Kong’s inaugural remote business account opening process designed for small- to medium-sized businesses (SMBs),...

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HSBC Hong Kong Announces New API For Instant B2B Payments
HSBC Hong Kong Announces New API For Instant B2B Payments
June 21, 2020  |  B2B Payments

HSBC Hong Kong‘s new application programming interface (API) will simplify the payment system for businesses down to a one-stop payment hub, a press release says....

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HSBC To Restart Restructuring, Eyes Deeper Job Cuts
HSBC To Restart Restructuring, Eyes Deeper Job Cuts
May 25, 2020  |  Banking

The biggest reorganization in HSBC’s history could get even larger as more cuts are requested by the board following the economic fallout from the worldwide...

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UK Banks Hold Internal Investigations Into Business Loan Practices
UK Banks Hold Internal Investigations Into Business Loan Practices
May 18, 2020  |  B2B Payments

After a financial watchdog raised the issue, banks in Britain are looking into whether they pressed businesses into giving them more work in exchange for...

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