HSBC - News, Articles & Research

HSBC invests €36m in London fintech ClearScore

ClearScore, a London-based startup providing credit scoring services, has secured €36.1m in debt financing from its principal backer HSBC.

25 February 2025

News/regulation

Citi, HSBC, Morgan Stanley, RBC fined for disclosing UK bond pricing

UK regulator, the Competition and Markets Authority (CMA) has fined Citi, HSBC, Morgan Stanley, and the Royal Bank of Canada £104.5 million for sharing sensitive information about UK bonds between 2009 and 2013.

21 February 2025

News/people

HSBC to make investment banking job cuts starting in Asia - Bloomberg

HSBC Holdings Plc is set to initiate a new round of job cuts in it’s investment banking division, marking a continued restructuring to streamline operations and reduce costs under CEO Georges Elhedery.

14 February 2025

News/retail

HSBC back up after outage

HSBC suffered a major outage on Tuesday afternoon that has hit mobile and online banking in the UK.

11 February 2025

News/markets

HSBC signs multi-year OTC derivatives servicing deal with Delta Capita

Delta Capita has been selected by HSBC to deliver OTC derivatives confirmation and settlement services globally under a multi-year agreement.

29 January 2025

News/payments

HSBC shuts down Wise competitor Zing

HSBC has shut down Zing, the currency conversion app that was intended to provide a viable competitor to money transfer behemoth Wise.

23 January 2025

Company announcement/markets

HSBC launches market-first cross-currency netting in China

HSBC has provided Philips with a market-first treasury solution in mainland China. This first-of-its-kind netting solution reduces the hundreds of intra-group multi-currency transactions that Philips entities in mainland China make each month into a single RMB cross-border transaction, streamlining processes, lowering costs, and unlocking working capital.

17 January 2025

Company announcement/payments

Pensions administrator Aptia adopts HSBC's payment pre-validation API

Aptia, the UK’s largest third-party pensions administration firm, has announced its adoption of HSBC’s cutting-edge Payment Pre-Validation API, marking a first for the pensions industry.

18 December 2024

News/security

Australian regulator sues HSBC for failing to protect customers from scams

The Australian Securities and Investment Commission (Asic) is suing HSBC for failing to adequately protect customers scammed out of millions of dollars.

16 December 2024

Event/payments

On-Demand – 2025 Fraud Trends: Synthetic Identity, AI and Incoming Mandates

What do banks need to do to detect and prevent APP scams in real time?

Speakers from: ACI Worldwide, Mastercard, HSBC, Tunic Pay

10 December 2024 486

Company announcement/devops

HSBC accelerates information access with Starburst data lakehouse

Starburst, the Trino Company, is pleased to have its data lakehouse selected by HSBC, one of the world's largest banking and financial services organizations, to support how the bank accesses and gains value from its large-scale analytical data stores. By relying on Starburst for its data lakehouse, HSBC is making data that’s globally dispersed across heterogeneous sources instantly accessible, while ensuring enhanced compliance and significantly reducing operational costs.

04 December 2024

News/payments

HSBC launches transactions platform for firms seeking international growth

HSBC has launched a one-stop domestic and cross-border payments platform for businesses looking to grow internationally.

27 November 2024