HSBC fined £57.4m by Bank of England over historic depositor protection failings January 30, 2024 The regulator said that among its failings, HSBC incorrectly marked 99 per cent of eligible beneficiary deposits as being “ineligible” for protection under the Financial Services Compensation Scheme (FSCS).
Banks lead UK firms in dividend payments after HSBC dishes out £8.4bn January 25, 2024 Banks led UK firms in dividend payments last year for the first time since the financial crisis, according to new research, on the back of interest rate hikes.
HSBC chair meets Chinese vice president in effort to deepen ties: state media January 22, 2024 Chinese Vice President Han Zheng met with HSBC chair Mark Tucker in Beijing on Monday and urged the Asia-focused lender to deepen cooperation with the country, according to state media Xinhua.
Canary Wharf hits new record as Docklands hub goes seven-days-a-week January 22, 2024 Retailers at Canary Wharf Group reported a record number of visitors last year, as the boss behind the operation hailed it as a “seven day week” operation.
Chancellor to meet with Lloyds, Barclays and Natwest executives over share slumps January 18, 2024 Chancellor Jeremy Hunt is convening a summit with bosses from the UK's largest banks to discuss concerns that their poor share performance is preventing more lending into the economy.
Chancellor meets with City grandees over London’s listings crisis January 9, 2024 Chancellor Jeremy Hunt held talks with top City chiefs on Tuesday as part of the government's efforts to attract more listings to the London Stock Exchange.
HSBC to challenge Revolut and Wise with new forex app January 2, 2024 HSBC launches international payments app to rival fintechs Revolut and Wise, to grab a slice of the booming market for affluent customers.
HSBC completes exit from French retail market as boss hails ‘positive start’ to 2024 January 2, 2024 "This represents an important milestone in our strategic vision for Europe," HSBC's chief executive Noel Quinn said.
Which banks were the winners and losers of 2023? December 29, 2023 After a year of big headlines, which UK banks pressed ahead and which fell behind in 2023?
Royal Bank of Canada’s £8bn bid for HSBC approved December 22, 2023 The Canadian government has green-lit a $10.2bn (£8bn) bid by the Royal Bank of Canada (RBC) for HSBC's domestic unit, HSBC Canada.