HSBC

699 results about this entity

Period: 17 May 2007 - 10 Dec 2024

/retail

HSBC and Young Money develop financial education portal

HSBC has worked with financial education charity Young Money to release a new collaborative platform designed to reconnect parents and teachers throughout Covid-19 and during the UK's second national lockdown.

/payments

HSBC to launch Transferwise rival

HSBC is taking on the likes of Transferwise and Revolut with the launch of Global Money Account, a free mobile-based service that customers can use to hold, manage and send funds in various currencies to HSBC customers in over 20 markets around the clock in real-time without incurring any fees.

/people

HSBC and Santander step up cost-cutting efforts

HSBC and Santander are to accelerate their cost-cutting efforts, leading to thousands more jobs losses, as a combination of Covid loan loss provisions and low interest rates lower profits.

/payments

HSBC installs contactless poppy boxes across Canadian branch network

HSBC is to install contactless donation boxes in all of its 250 bank branches across Canada to honour veterans in the run up to Remembrance Day.

HSBC UK introduces interactive voice response system for call centre queries

HSBC UK has begun the introduction of a new voice-driven menu to assist its telephone banking customers, enabling callers to state their intent verbally and be directed to the correct team automatically, saving time for both customers and customer service colleagues, the bank announced today.

/sustainable

HSBC sets out net zero ambition

Today, HSBC is setting out an ambitious plan to prioritise financing and investment that supports the transition to a net zero global economy – and helps to build a thriving, resilient future for society and businesses.

/wholesale

HSBC joins European quantum consortium

HSBC has joined a consortium of 12 European companies and research laboratories supporting a project to uncover potential applications of quantum computing.

/identity

Big banks invest in BioCatch

Barclays, Citi, HSBC and National Australia Bank have invested $20 million in Israeli behavioral biometrics company BioCatch, topping up a Series C funding round.

/people

Thought Machine names ex-HSBC COO Maguire chair

Cloud-native core banking provider Thought Machine has appointed former HSBC group chief operating officer Andy Maguire as chair.

/crime

FinCen leaks throw doubt on banks' AML efforts

A remarkable leak detailing 17 years' worth of confidential transaction reporting has cast doubt on banks' anti-money laundering (AML) efforts by suggesting that leading banks continued to transfer money even when they knew it could be connected to fraud.

/crypto

Libra Networks recruits former HSBC chief Emmett

Former HSBC Europe CEO James Emmett has been recruited by Facebook's cryptocurrency project to act as managing director of Libra Networks.

/payments

Swift outlines strategy to expand beyond financial messaging

Interbank payment network Swift is to expand beyond pure-play financial messaging to offer member banks a range of transaction management services.