HSBC

HSBC Holdings plc is a British multinational investment bank and financial services holding company. It was the 7th largest bank in the world by 2018, and the largest in Europe, with total assets of US$2.558 trillion.

Source: hsbc.com

UK Mortgage Lenders Agree on Measures to Help Struggling Borrowers
UK Mortgage Lenders Agree on Measures to Help Struggling Borrowers
December 28, 2022  |  Loans

The U.K.’s largest mortgage lenders have agreed on measures to help struggling borrowers. The new measures follow a meeting between the chancellor, Jeremy Hunt, and...

READ MORE >
FCA Cautions Holiday Shoppers Against Rise in Loan Fee Scams
FCA Cautions Holiday Shoppers Against Rise in Loan Fee Scams
December 22, 2022  |  Fraud Prevention

The U.K.’s financial regulator has warned consumers to be wary of Christmas scams. With inflation in the double figures, many in the country are turning...

READ MORE >
Major Banks Incorporate New UK Company to Promote Shared Hubs
Major Banks Incorporate New UK Company to Promote Shared Hubs
December 19, 2022  |  Banking

The U.K.’s major banks have joined forces to protect consumers’ access to cash. A new nonprofit company called Cash Access UK has been set up...

READ MORE >
HSBC Teams With Extend to Offer Virtual Cards
HSBC Teams With Extend to Offer Virtual Cards
December 14, 2022  |  Partnerships

Extend has teamed with banking giant HSBC to offer customers virtual cards. It’s the second partnership for the virtual card and spend management platform Extend...

READ MORE >
NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
NY Fed, Top Banks Test ‘Watershed’ Digital Dollar Project
December 07, 2022  |  CBDC

A group of large banks is preparing to test a shared digital asset settlement platform. According to the announcement, the study is set to take...

READ MORE >
Wells Fargo and HSBC Add Offshore Yuan to FX System
Wells Fargo and HSBC Add Offshore Yuan to FX System
November 17, 2022  |  Blockchain

Wells Fargo and HSBC, two of the world’s largest banks, have added the offshore version of China’s yuan (CNH) to their blockchain-based foreign exchange (FX)...

READ MORE >
UK Big 4 Beef Up Loan-Loss Reserves as Calls for Windfall Tax Intensify
UK Big 4 Beef Up Loan-Loss Reserves as Calls for Windfall Tax Intensify
November 01, 2022  |  Banking

Due to interest rate hikes by the Bank of England (BoE) this year, all four of the largest U.K. banks — HSBC, Barclays, NatWest and...

READ MORE >
Buy vs. Build: EU Banks’ Foray Into BNPL Gathers Steam
Buy vs. Build: EU Banks’ Foray Into BNPL Gathers Steam
October 21, 2022  |  BNPL

At the start of the year, Matt Norton, Santander Bank North America’s head of point of sale lending, told PYMNTS that banks were increasingly eyeing...

READ MORE >
Today in B2B Payments: eCommerce Tools Focus on African Enterprises, Aircraft Parts
Today in B2B Payments: eCommerce Tools Focus on African Enterprises, Aircraft Parts
October 13, 2022  |  B2B Payments

Today in B2B payments, Dooka offers a B2B marketplace to promote intra-African trade, while Ambry Hill and eComchain launch an eCommerce storefront solution for sellers...

READ MORE >