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HSBC to Buy Virtual Land in The Sandbox to Join Peers in Metaverse
British bank HSBC has decided to join the metaverse club by partnering with The Sandbox. HSBC will be investing in digital real estate by buying a plot of land in The Sandbox metaverse. It intends to engage with the new-age sports and gaming communities with its metaverse foray.
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HSBC Says Performs First Trade Finance Transaction Using Blockchain
HSBC and Dutch bank ING successfully completed the transaction for food and agricultural group Cargill, the British lender said in a statement.
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UK Banks 'Handled' $740 Million In Laundered Russian Money: Reports
Several British banks allegedly processed nearly $740 million in a multi-billion dollar Russian money-laundering scam, The Guardian newspaper reported on Monday.
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HSBC Enjoys Capital Boost, Warns Of Gloomy UK Outlook
Chief executive Stuart Gulliver said that the financial industry has communicated its priorities to the government. Because HSBC has a fully licensed subsidiary in France it is in no hurry to set up businesses elsewhere to protect access to European markets.
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Bank Price War Looms To Woo Cautious UK Borrowers After Brexit
Banks in Britain are on the verge of a price war to try to revive lending subdued by the Brexit vote and to combat pressures on profitability from ultra-low interest rates, which are likely to stay that way for longer.
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India Link Emerges In $3.5-Billion Forex Trading Fraud At HSBC: Report
An India link has emerged in the alleged $3.5-billion forex trading fraud case at British banking giant HSBC, where two senior executives have been accused of doing front-running by cheating a client that was selling part stake in an Indian subsidiary.
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HSBC To Shut Down Half Of Its Branches In India, 300 Jobs To Go
British lender HSBC on Thursday announced a consolidation exercise under which it will almost halve its branches in the country to 26 as customers shift to digital alternatives for their banking transactions.
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HSBC Axes 840 IT Jobs In Britain In First Big Wave Of Planned Cuts
HSBC, Europe's largest bank, started laying off 840 information technology workers in Britain on Monday, the first big tranche of redundancies under a restructuring plan that will eliminate 8,000 British jobs by the end of next year.
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HSBC, Barclays Plan to Close 400 British Branches This Year: Report
Three of Britain's largest banks are planning to close about 400 branches this year, according to people familiar with the situation, a new programme of closures that could leave thousands of customers without easy access to a bank.
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HSBC UK Internet Banking Back Up After Cyber Attack
HSBC said its British personal banking websites were back up and running on Saturday after a cyber attack forced them to close for most of the previous day.
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Cyber Attack Targets Britain's HSBC Bank
British bank HSBC said it had successfully repelled a cyber attack on Friday although online access to banking services was not possible.
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China to Allow Direct Trade of Yuan With Swiss Franc
China's national foreign exchange market will introduce direct trading of the Swiss franc, the operator said today, as the country pushes greater international use of its yuan currency.
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HSBC's Naina Lal Kidwai to Retire on December 31
After a 13 year stint with the British lender, HSBC India head Naina Lal Kidwai will retire by the end of this year, the bank said on Wednesday.
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HSBC Sacks 6 for Filming Mock IS-Style Execution of Asian Colleague: Report
Six employees of a bank were dismissed for filming an Islamic State-style mock execution of an Asian colleague in the British city of Birmingham, media reported today.
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HSBC Says Facing French Criminal Probe Over 'SwissLeaks'
HSBC is to face a French criminal probe over tax dealings at its Swiss private banking arm, the British banking giant said on Thursday, adding that a 1.0-billion-euro ($1.1-billion) bail had been imposed.
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HSBC to Buy Virtual Land in The Sandbox to Join Peers in Metaverse
British bank HSBC has decided to join the metaverse club by partnering with The Sandbox. HSBC will be investing in digital real estate by buying a plot of land in The Sandbox metaverse. It intends to engage with the new-age sports and gaming communities with its metaverse foray.
-
HSBC Says Performs First Trade Finance Transaction Using Blockchain
HSBC and Dutch bank ING successfully completed the transaction for food and agricultural group Cargill, the British lender said in a statement.
-
UK Banks 'Handled' $740 Million In Laundered Russian Money: Reports
Several British banks allegedly processed nearly $740 million in a multi-billion dollar Russian money-laundering scam, The Guardian newspaper reported on Monday.
-
HSBC Enjoys Capital Boost, Warns Of Gloomy UK Outlook
Chief executive Stuart Gulliver said that the financial industry has communicated its priorities to the government. Because HSBC has a fully licensed subsidiary in France it is in no hurry to set up businesses elsewhere to protect access to European markets.
-
Bank Price War Looms To Woo Cautious UK Borrowers After Brexit
Banks in Britain are on the verge of a price war to try to revive lending subdued by the Brexit vote and to combat pressures on profitability from ultra-low interest rates, which are likely to stay that way for longer.
-
India Link Emerges In $3.5-Billion Forex Trading Fraud At HSBC: Report
An India link has emerged in the alleged $3.5-billion forex trading fraud case at British banking giant HSBC, where two senior executives have been accused of doing front-running by cheating a client that was selling part stake in an Indian subsidiary.
-
HSBC To Shut Down Half Of Its Branches In India, 300 Jobs To Go
British lender HSBC on Thursday announced a consolidation exercise under which it will almost halve its branches in the country to 26 as customers shift to digital alternatives for their banking transactions.
-
HSBC Axes 840 IT Jobs In Britain In First Big Wave Of Planned Cuts
HSBC, Europe's largest bank, started laying off 840 information technology workers in Britain on Monday, the first big tranche of redundancies under a restructuring plan that will eliminate 8,000 British jobs by the end of next year.
-
HSBC, Barclays Plan to Close 400 British Branches This Year: Report
Three of Britain's largest banks are planning to close about 400 branches this year, according to people familiar with the situation, a new programme of closures that could leave thousands of customers without easy access to a bank.
-
HSBC UK Internet Banking Back Up After Cyber Attack
HSBC said its British personal banking websites were back up and running on Saturday after a cyber attack forced them to close for most of the previous day.
-
Cyber Attack Targets Britain's HSBC Bank
British bank HSBC said it had successfully repelled a cyber attack on Friday although online access to banking services was not possible.
-
China to Allow Direct Trade of Yuan With Swiss Franc
China's national foreign exchange market will introduce direct trading of the Swiss franc, the operator said today, as the country pushes greater international use of its yuan currency.
-
HSBC's Naina Lal Kidwai to Retire on December 31
After a 13 year stint with the British lender, HSBC India head Naina Lal Kidwai will retire by the end of this year, the bank said on Wednesday.
-
HSBC Sacks 6 for Filming Mock IS-Style Execution of Asian Colleague: Report
Six employees of a bank were dismissed for filming an Islamic State-style mock execution of an Asian colleague in the British city of Birmingham, media reported today.
-
HSBC Says Facing French Criminal Probe Over 'SwissLeaks'
HSBC is to face a French criminal probe over tax dealings at its Swiss private banking arm, the British banking giant said on Thursday, adding that a 1.0-billion-euro ($1.1-billion) bail had been imposed.
