HSBC

656 results about this entity

Period: 17 May 2007 - 29 Apr 2024

/retail

HSBC to offer credit cards to migrants with no UK credit history

HSBC has become the first UK bank to offer newcomers to the country the option to include international credit history when applying for a credit card.

/wholesale

HSBC launches multi-market business account opening service in 20 markets

HSBC has launched a dedicated digital portal which allows business and corporate customers to open accounts for multiple business entities in multiple markets, all in one place.

/wholesale

HSBC takes a deep dive into quantum computing

HSBC is collaborating with Terra Quantum on an experiment to test the use of quantum technology for optimising capital allocation.

/wealth

HSBC launches ETF servicing platform

HSBC announced today the launch of ETF Platform Solutions – its new end-to-end platform for providing asset servicing solutions to ETF issuers globally.

/payments

HSBC to invest $35 million in Tradeshift joint venture

HSBC has invested $35 million in supply chain finance outfit Tradeshift as part of plans to create a new joint venture company focused on the development of embedded financial services.

/regulation

HSBC, TSB and Nationwide upbraided by CMA over transaction history reporting

The Competition and Markets Authority has castigated HSBC, Nationwide and TSB for "significant failures" in transaction history reporting for personal and business customers switching banks.

/payments

Revolutionising Treasury Teams

Michèle Zaquine, Director, Head of Propositions and Commercialisation Continental Europe, Global Payments Solutions, HSBC, speaks at EBAday 2023 about the impact payment trends will have on the future organisation of treasury teams. We explore how treasurers in the current market need to assess new technologies for their net benefits, including solution technologies such as APIs, to enhance treasury operations and by looking at transformations in the B2B and B2C industries.

/people

HSBC’s Global Payments business makes two new senior hires

HSBC has appointed Martijn Stoker – most recently at JPMorgan – as Global Head of Global Payments Solutions (GPS), Liquidity and Investment Solutions; and Melissa Tuozzolo – most recently at Bank of America – as Global Head of GPS Client Service.

/crypto

NY Fed and banks upbeat on digital dollar pilot results

The Federal Reserve Bank of New York says that proof-of-concept run with a host of banks has demonstrated the feasibility of a regulated digital asset settlement platform supported by shared ledger technology.

/security

HSBC moves to protect operations from quantum cyber threats

HSBC is the first bank to join BT and Toshiba’s quantum-secured metro network – connecting two UK sites using Quantum Key Distribution (QKD) to prepare its global operations against future cyber threats.

/payments

HSBC & Finastra: The Changing Cross-Border Payments Landscape

In the first episode of this 4-part FinextraTV series, Mark Evans, Global head of Cross Border and Cross Currency Payments, HSBC & Roy Marsh, Global Payments Director at Finastra, discuss the main drivers of change in the area of Cross-Border payments, what's driving the need and demand for faster cross-border payments, and what efforts are underway now to enable them. We learn about the barriers and frictions to cross-border payments up to this point, what the response should be to improve efficiency & transparency, and how partner collaboration can help to compete in this rapidly changing market.

/cloud

Google Cloud launches AI-powered AML tech

Google Cloud has developed an AI-powered product designed to help global financial institutions more effectively and efficiently detect money laundering.

/startups

HSBC Innovation Banking launches at London Tech Week

HSBC today unveiled HSBC Innovation Banking, which includes the former Silicon Valley Bank UK (SVB UK), as well as newly formed innovation teams in the US, Israel and Hong Kong.

/security

HSBC partners Quantinuum for quantum computing research

HSBC is working with tech firm Quantinuum on a series of exploratory projects looking at the use of quantum computing in banking.

/sustainable

HSBC launches ESG Index

HSBC has launched a global Index that uses artificial intelligence to help measure the improvement of a company’s ESG credentials and their potential for positive financial performance.

/regulation

CMA charges five banks with bond price rigging

The Competition and Markets Authority (CMA) has provisionally found that 5 major banks – Citi, Deutsche Bank, HSBC, Morgan Stanley and Royal Bank of Canada – each unlawfully shared competitively sensitive information by participating in one or more series of one-to-one conversations in chatrooms.

/payments

EBAday 2023: Contribute to the payments and transaction banking conversation

EBAday, the annual event for payments and transaction banking executives, will return on the 20th – 21st of June 2023, at IFEMA in Madrid, Spain.

/regulation

SEC charges HSBC And Scotia Capital with widespread recordkeeping failures

The Securities and Exchange Commission today charged HSBC Securities (USA) Inc. and Scotia Capital (USA) Inc. for widespread and longstanding failures by both firms and their employees to maintain and preserve electronic communications.

/wholesale

HSBC trials confidential computing to boost global trade finance

HSBC and not-for-profit blockchain tech consortium Global Shipping Business Network (GSBN) have carried out a proof-of-concept using "confidential computing" for trade finance.

/startups

HSBC hires ex-SVB bankers to focus on US ‘innovation economy’

Following the collapse of Silicon Valley Bank (SVB) in March, HSBC is now hiring around 40 ex-SVB bankers to establish a new unit targeting tech, healthcare, and VC funds in the US.