HSBC is looking to scale back their operations in the US, mainland Europe and in their investment bank; at the...
Forbes partnered with market research firm Statista to measure the best banks in more than 20 countries by surveying more...
For a long time the big players in trade finance have been HSBC, BNP Paribas and Citigroup; in recent years...
HSBC Bank USA has partnered with Roostify in order to offer a digital mortgage experience; the result is a more...
HSBC is planning to hire 1,000 new Asian wealth management operations employees; the announcement is part of a cost cutting initiative which has closed 60 branches in the UK and moved 200 IT-related jobs to Asia; the newly added employees will primarily be focused on Chinese retail banking and wealth management, adding to a team of 2,400 employees. Source
Prime Minister Theresa May announced the start of the R5-SHCH Connect Partnership between London and China; the partnership will allow banks in China to have access to London’s foreign exchange market; the partnership is between London's R5 and the Shanghai Clearing House; companies involved include HSBC, LSE, BP, Standard Chartered and Standard Life Aberdeen; Jon Vollemaere, CEO of R5 commented to Finextra, “The new service offers benefits for all institutions trading FX. It provides Chinese banks with increased access to the global FX market, it enhances liquidity in major currencies, and it advances the internationalisation of the RMB.” Source.
Neptune Financial is a San Francisco online commercial lender that focuses on businesses with $10 – $100 million in assets;...
The $20 million round was co-led by HSBC and Goldman Sachs; Bud is a financial network, capitalizing on open banking...
Mark Williamson, chief operating officer of FX cash trading and risk management, said the bank’s blockchain system helped them to...
Financial crime fintech Quantexa raised a $64.7mn series C round from HSBC, ABN Amro Ventures, Evolution Equity Partners, Dawn Capital,...