HSBC

699 results about this entity

Period: 17 May 2007 - 10 Dec 2024

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HSBC puts job cuts on hold

/people

HSBC puts job cuts on hold

HSBC has confirmed plans to pause its massive job cutting programme, even as it reports a 50% drop in profits due to the Coronavirus pandemic.

/security

HSBC survey indicates less than ten percent of Hong Kong residents are cyber smart

Technology adoption in Hong Kong is among the highest in the world1, but it also exposes the general public to significant cyber security risks, such as online fraud, bogus calls or messaging scams.

/wealth

HSBC expands Wealth Portfolio Intelligence Service into new asset classes

HSBC launches its enhanced “Wealth Portfolio Intelligence Service” (WPIS) to help its Jade clients gain more in-depth understanding of their portfolios by employing similar tools that institutional investors use to analyse risk exposure, across a much wider range of assets – including unit trusts, bonds, equities, currencies, cash and time deposits.

/identity

HSBC launches mobile onboarding in China

In order to better serve customers during the COVID-19 pandemic, support pandemic control efforts, and facilitate work and production resumption, banks are prioritizing their digital transformation efforts.

Covid-19 set to delay HSBC restructuring

/covid-19

Covid-19 set to delay HSBC restructuring

The Covid-19 pandemic looks set to throw HSBC's massive restructuring and job cutting programme into limbo, according to the Financial Times.

HSBC to use third party data to approve rapid loans for Alibaba merchants

/wholesale

HSBC to use third party data to approve rapid loans for Alibaba merchants

HSBC has forged a partnership with Chinese logistics firm Cainiao to offer fast trade finance loans to online merchants using Alibaba's Tmall platform in Hong Kong.

HSBC sings the praises of Voice ID

/security

HSBC sings the praises of Voice ID

HSBC claims that the introduction of voice biometrics at its call centres has prevented almost £400 million of customers’ money from falling into the hands of telephone fraudsters in 2019.

HSBC to close more branches as mobile migration continues

HSBC to close more branches as mobile migration continues

HSBC will close another 27 UK branches this year in response to a dramatic fall off in customer visits in the face of digital alternatives.

HSBC to slash 35,000 jobs

/markets

HSBC to slash 35,000 jobs

HSBC is to slash 35,000 jobs as part of a major overhaul of its business after seeing profits plunge by a third in 2019.

Bank-backed blockchain trade finance platform Contour launches

Bank-backed blockchain trade finance platform Contour launches

Contour, the blockchain-based trade finance platform backed by a host of big name banks, has made its commercial launch.

FCA requests explanation on banks’ ‘harmful’ overdrafts

/regulation

FCA requests explanation on banks’ ‘harmful’ overdrafts

The Financial Conduct Authority has called for industry feedback on overdraft pricing in an open letter, as major banks align overdraft rates at around 40%.

Monzo and Starling among account switching winners

/retail

Monzo and Starling among account switching winners

Just five UK banks, two of them challengers, managed a net gain of customers in the third quarter of 2019, according to figures from the Current Account Switch Service.

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