Boost for Britain as businesses commit to invest £30bn in UK November 27, 2023 Some of the world’s biggest businesses have committed to invest a total of nearly £30bn in Britain, the government has announced ahead of a major investment summit taking place today.
HSBC UK says banking services are returning after Black Friday outage November 25, 2023 HSBC has said its digital services are returning to normal after UK customers were left struggling to access mobile and online banking on one of the busiest shopping days of the year.
Black Friday: HSBC UK investigating as a ‘matter of urgency’ after shoppers unable to access banking services November 24, 2023 HSBC UK is investigating “as a matter of urgency” as customers have been struggling to access banking services on Black Friday. The bank has apologised to customers and is working to restore its mobile and online banking service, including the authorising of online card purchases via the app. A message posted by the bank on [...]
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.
CBI’s annual conference had a distinct lack of CEOs – can it win them back? November 20, 2023 The CBI's annual conference had a notable lack of CEOs speaking. Can they be won back?
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.
Bank of England says lenders to be put through mini budget-style shock tests November 10, 2023 It is intended to replicate some of the chaos and more which was unleashed on markets last autumn after Liz Truss and Kwasi Kwarteng revealed their budget and other moments of turmoil.
Banks face tougher competition as profits boost from higher rates fades October 30, 2023 The UK’s major listed banks have warned that the tailwind from high interest rates that has driven bumper profits over the past year is coming to an end as lenders compete to offer better deals to customers. Barclays, Lloyds, NatWest, Standard Chartered and Santander reported third-quarter earnings last week, while HSBC released its results today. [...]
HSBC to buy back $3bn in shares as profits more than double October 30, 2023 HSBC announced yet another share buy-back programme as higher interest rates ensured that profit more than doubled in the third quarter.
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.