HSBC share price slides after RBC downgrades stock November 22, 2023 Shares in HSBC fell as much as 1.8 per cent today after RBC cut its recommendation on the stock, forecasting a $5bn headwind from falling interest rates.
HSBC cracks down on texting as regulators probe unauthorised communications October 18, 2023 The texting ban will reportedly apply across the firm, with HSBC already having blocked staff from using WhatsApp on work phones.
HSBC lifts savings rates after government pressure June 29, 2023 HSBC UK and First Direct have unveiled plans to boost savings rates. Customers with HSBC UK accounts will see some savings interest rates increase from Friday 30 June, alongside a change to increase the higher-paying tier on the bank’s online bonus saver account. Those with an online bonus saver will be able to earn four [...]
HSBC plots special dividend after completing sale of Canadian business April 2, 2024 HSBC said the deal will unlock "significant value" for the bank. Completion of the transaction will result in an estimated gain on sale of $4.9bn in HSBC's first quarter results.
Who are the runners and riders to succeed Noel Quinn as HSBC boss? April 30, 2024 In a shock announcement this morning, Noel Quinn announced that he is drawing the curtain on a nearly four-decade career at HSBC. So who are the leading contenders to succeed him as chief executive of Europe's largest bank?
HSBC facing backlash over ‘vague’ $1trillion green plans May 3, 2024 HSBC is facing a backlash over its "vague" $1trillion green plans today as it prepares to face down shareholders at its annual general meeting.
Begbies Traynor agrees new £25m debt facility with HSBC February 26, 2024 Professional services restructuring specialist Begbies Traynor agreed to a new debt facility with HSBC, which replaces its existing facility with the same bank. The group’s existing facility was due to mature in August 2025 after it was secured in 2016. The new debt facility with HSBC sees £25m committed to an unsecured revolving credit facility, [...]
HSBC to boost UK tech growth lending fund by £100m December 20, 2023 HSBC will increase the size of its Growth Lending fund by £100m to £350m.
Morning in the City: BP, HSBC, and market updates – live May 2, 2023 Welcome to City A.M.'s morning live blog, keeping you up to date with all you need to know from the Square Mile
HSBC, Santander and Blackrock among firms advising Labour on private investment November 20, 2023 City firms HSBC, Santander and Blackrock are among those advising the Labour Party on private sector investment following the launch of a new infrastructure council.