Blockchain technology

HSBC settles $250 billion on blockchain

According to a press release sent by HSBC Bank to the Financial Times and published in the newspaper on 15th of January, it settles $250 billion of Forex trades on ... Read More

HSBC hires robots to work in a branch’s lobby

HSBC is hiring a small army of four-foot-tall robots at its flagship branch on Fifth Avenue in downtown Manhattan. The bank has ordered seven of the humanoids, which go ... Read More
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HSBC reports Interim Results 2017

HSBC Holdings plc has issued today a press release to publish results for the first half of 2017. The highlights according the press release are: Strategic execution Delivered growth ... Read More

HSBC faces fresh legal battle over forex manipulation allegation

HSBC is facing a fresh law suit over allegations of forex manipulation. The bank’s traders are being accused of manipulating the markets for their own profit more than a ... Read More

HSBC appoints Group Chairman

HSBC appoints Mark Tucker to succeed Douglas Flint as Group Chairman HSBC Holdings plc announces the appointment of Mark Tucker as a director and Group Chairman Designate from 1 ... Read More

Ex-Forex Traders jailed for false trades

Ex-Deutsche Bank trader Toh sentenced to eight weeks Former HSBC senior dealer Chng handed 15-week sentence Two former currency traders from Deutsche Bank AG and HSBC Holdings Plc were ... Read More
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HSBC announced 2016 Results; $1.0bn share buy-back

Strategic execution Completed a $2.5bn share buy-back following the sale of the Brazil business Further reduced our risk-weighted assets (‘RWAs’) during 2016 by $143bn as a result of extensive ... Read More

HSBC to close 62 branches this year

HSBC is planning to close 62 branches across the UK this year leading to 180 job losses, the Press Association has reported. The move marks the end of “HSBC’s ... Read More

HSBC voluntarily agrees to provide approximately £4m redress for historical debt collection practices

HSBC has voluntarily agreed to set up a redress scheme for customers who may have suffered detriment by paying an unreasonable debt collection charge imposed by HFC Bank Ltd ... Read More
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