Wise PLC (LSE:WISE) chief executive Kriso Käärmann gave a sneak peak into January's UK Hidden Fees Report, citing HSBC Holdings PLC (LSE:HSBA) as joint first with NatWest as the most expensive bank

HSBC Prepares to Debut Global Payments App Zing

04:59pm, Tuesday, 02'nd Jan 2024
HSBC is reportedly readying a global payments app to take on companies like Wise and Revolut. Dubbed Zing, the app will first be offered in Great Britain, though the CEO of the bank's personal bankin
HSBC completes the divestiture of its French retail banking business. The company will continue to provide wealth and private banking businesses in the country.

First look at HSBC's Wise competitor Zing

07:36am, Tuesday, 02'nd Jan 2024
HSBC has thrown its hat in the foreign exchange ring with the announcement of Zing, a forex app aimed squarely at a market dominated by disruptive tech platforms Wise PLC (LSE:WISE) and Revolut. Discl
HSBC Holdings PLC (LSE:HSBA) has announced the sale of its French retail banking business several years after the deal was originally proposed. My Money Group subsidiary Crédit Commercial de France h
HSBC subsidiary HSBC Continental Europe (HBCE) has completed the sale of its retail banking business in France to CCF, a subsidiary of My Money Group, the British lender said in a statement on Monday.
HSBC's proposed divestiture of the Canadian business to Royal Bank of Canada (RY) receives final approval.
A recent analysis by British fund manager Janus Henderson (NYSE: JHG ) found that U.S. stocks are on track for record dividend payments in 2023. 98% of companies are holding their payouts steady o
HSBC Holdings PLC (LSE:HSBA) expects the $13.5 billion sale of its Canadian operations to the Royal Bank of Canada (TSX:RY) (RBC) to close in the first quarter of 2024 after the transaction won the a
HSBC expanded its Americas equity research team to 24 people this year, adding to its coverage of U.S. stock markets for wealthy clients, the bank said on Tuesday.
HSBC Global Head of Fixed Income Research Steven Major discusses the outlook for Federal Reserve policy, the US economy and Treasury yields. A perennial bond bull, Major sees the yield on the US 10-ye
Fred Neumann, chief Asia economist and co-head of global research at HSBC, says "it's not clear that the Fed can really deliver the extent that's priced in."
HSBC is looking for mergers, along with the disposal of unprofitable units in Asia, as part of its plan to expand its footprint in the region and serve its wealthy clients.
Markets have entered a "new paradigm" as the global order fragments, while heightened recession risk means "bonds are back," according to HSBC Asset Management.
Ferrari NV (BIT: RACE) has rallied close to 70% in 2023 but an HSBC analyst is convinced that it's as far as the stock goes for now. Ferrari stock receives a downgrade Michael Tyndall downgraded the l
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