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Who Is Indian-Origin Pam Kaur, HSBC's 1st Female CFO In 160-Year History
HSBC Bank has named Indian-origin Pam Kaur as its new Chief Financial Officer (CFO), the first woman to hold this position in its 160-year history. She is replacing Georges Elhedery, who took over as CEO earlier this year.
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Bestselling Smartphone Deals During Amazon Great Indian Festival Sale
Amazon Great Indian Festival 2024 Sale now offers discounts for HDFC Bank, HSBC, Bobcard, and IndusInd Bank debit card and credit card holders and we've handpicked a list of some of the bestelling deals on smartphones during the ongoing Amazon Great Indian Festival sale event.
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"One Slap, You Will Reach...": Woman Shares Toxic Workplace Experience, Sparks Conversation
Ms Kumari mentioned that she has dealt with several episodes of panic attacks and mental health issues.
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JP Morgan Looking Forward to Testing ‘Immersive Training Applications’ of Metaverse
International banks are excited to use the metaverse technology to provide in-office training in an immersive virtual reality ecosystem. Along with JP Morgan, Citi Bank is also running a virtual reality internship experience. This lets the trainers provide feedback in real time.
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Man Posing As HR Head Of Multi-National Company Dupes HSBC Bank Of Rs 2 Crore
An alleged fraudster, claiming to be the Human Resources head of a multi-national company, duped HSBC Bank of more than Rs 2 crore, police said.
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Why This Leading Bank Has Blocked Staff From Texting On Their Work Phones
HSBC Holdings Plc is blocking staff from texting on their work phones, in the latest fallout from regulatory probes into the industry's use of unauthorized communication methods.
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HSBC, Standard Chartered Face Pressure From Hong Kong to Take on Crypto Clients: Report
The Hong Kong Monetary Authority (HKMA) is reportedly urging lenders including HSBC and Standard Chartered to onboard cryptocurrency exchanges as clients. This move comes at a time when countries such as the US are doubling down on crypto exchanges.
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Xiaomi India Officials, 3 Banks Served ED Notice for FEMA Violation
Xiaomi India CFO Sameer Rao, former MD Manu Jain and three banks are said to have received show-cause notice from the Enforcement Directorate (ED). According to an official, the ED has served show-cause notice for FEMA violation of Rs. 5,551 crore.
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Rs 99: What HSBC Bank Paid To Buy Silicon Valley Bank's UK Arm
The UK arm of collapsed US lender SVB has been sold to HSBC in a private sale overseen by Britain and the Bank of England, the government said Monday.
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Mastercard, HSBC Roll Out Digital Dollar Blockchain Project Amid Crypto Crash; Reinstates Support
HSBC, Mastercard and Wells Fargo, along with other banks, have launched a digital dollar blockchain project named the ‘Regulated Liability Network (RLN)’. The launch of RLN is essentially a trial that will run for twelve weeks and singularly operate in co-relation with the US dollar. This result of this trial is expected to become an important ...
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Singapore Partners HSBC, Standard Chartered to Explore Token Use in Trade, Wealth Management
The Monetary Authority of Singapore (MAS) has partnered with multinational banks Standard Chartered and HSBC to dive deeper into the use-cases of tokens in trade finance and wealth management. The move is aimed at transforming trade assets into transferable instruments.
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RBI to Begin Pilot of Digital Rupee on November 1 With Participation From 9 Banks
The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on November 1, identifying nine banks to participate in the project. The pilot with include SBI, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC, the RBI said.
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SWIFT Lays Out Blueprint for Central Bank Digital Currency Network After 8-Month Experiment
SWIFT, the financial messaging system that connects over 11,500 banks and funds around the world, has laid out a blueprint for a global central bank digital currency (CBDC) network. The plans for a CBDC network come after an 8-month experiment with the central banks of France and Germany and lenders such as HSBC, Standard Chartered and UBS. Once sc...
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HSBC Hard Sells Growth Plan To Disgruntled Investors After Rebuffing Breakup
A day after rebuffing a break-up plan by its top investor, HSBC fielded questions from disgruntled retail investors on Tuesday and its executives defended their strategy to operate as a global bank at its first meeting in Hong Kong in three years.
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HSBC To Relaunch Private Banking Business In India Within A Year: Report
HSBC Holdings PLC plans to relaunch its India private banking business within a year, its India CEO told Reuters on Thursday, after the Asia-focused lender has identified the country as a key strategic market for growth.
-
Who Is Indian-Origin Pam Kaur, HSBC's 1st Female CFO In 160-Year History
HSBC Bank has named Indian-origin Pam Kaur as its new Chief Financial Officer (CFO), the first woman to hold this position in its 160-year history. She is replacing Georges Elhedery, who took over as CEO earlier this year.
-
Bestselling Smartphone Deals During Amazon Great Indian Festival Sale
Amazon Great Indian Festival 2024 Sale now offers discounts for HDFC Bank, HSBC, Bobcard, and IndusInd Bank debit card and credit card holders and we've handpicked a list of some of the bestelling deals on smartphones during the ongoing Amazon Great Indian Festival sale event.
-
"One Slap, You Will Reach...": Woman Shares Toxic Workplace Experience, Sparks Conversation
Ms Kumari mentioned that she has dealt with several episodes of panic attacks and mental health issues.
-
JP Morgan Looking Forward to Testing ‘Immersive Training Applications’ of Metaverse
International banks are excited to use the metaverse technology to provide in-office training in an immersive virtual reality ecosystem. Along with JP Morgan, Citi Bank is also running a virtual reality internship experience. This lets the trainers provide feedback in real time.
-
Man Posing As HR Head Of Multi-National Company Dupes HSBC Bank Of Rs 2 Crore
An alleged fraudster, claiming to be the Human Resources head of a multi-national company, duped HSBC Bank of more than Rs 2 crore, police said.
-
Why This Leading Bank Has Blocked Staff From Texting On Their Work Phones
HSBC Holdings Plc is blocking staff from texting on their work phones, in the latest fallout from regulatory probes into the industry's use of unauthorized communication methods.
-
HSBC, Standard Chartered Face Pressure From Hong Kong to Take on Crypto Clients: Report
The Hong Kong Monetary Authority (HKMA) is reportedly urging lenders including HSBC and Standard Chartered to onboard cryptocurrency exchanges as clients. This move comes at a time when countries such as the US are doubling down on crypto exchanges.
-
Xiaomi India Officials, 3 Banks Served ED Notice for FEMA Violation
Xiaomi India CFO Sameer Rao, former MD Manu Jain and three banks are said to have received show-cause notice from the Enforcement Directorate (ED). According to an official, the ED has served show-cause notice for FEMA violation of Rs. 5,551 crore.
-
Rs 99: What HSBC Bank Paid To Buy Silicon Valley Bank's UK Arm
The UK arm of collapsed US lender SVB has been sold to HSBC in a private sale overseen by Britain and the Bank of England, the government said Monday.
-
Mastercard, HSBC Roll Out Digital Dollar Blockchain Project Amid Crypto Crash; Reinstates Support
HSBC, Mastercard and Wells Fargo, along with other banks, have launched a digital dollar blockchain project named the ‘Regulated Liability Network (RLN)’. The launch of RLN is essentially a trial that will run for twelve weeks and singularly operate in co-relation with the US dollar. This result of this trial is expected to become an important ...
-
Singapore Partners HSBC, Standard Chartered to Explore Token Use in Trade, Wealth Management
The Monetary Authority of Singapore (MAS) has partnered with multinational banks Standard Chartered and HSBC to dive deeper into the use-cases of tokens in trade finance and wealth management. The move is aimed at transforming trade assets into transferable instruments.
-
RBI to Begin Pilot of Digital Rupee on November 1 With Participation From 9 Banks
The Reserve Bank of India (RBI) will launch the pilot for a central-bank-backed digital rupee for the wholesale segment on November 1, identifying nine banks to participate in the project. The pilot with include SBI, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC, the RBI said.
-
SWIFT Lays Out Blueprint for Central Bank Digital Currency Network After 8-Month Experiment
SWIFT, the financial messaging system that connects over 11,500 banks and funds around the world, has laid out a blueprint for a global central bank digital currency (CBDC) network. The plans for a CBDC network come after an 8-month experiment with the central banks of France and Germany and lenders such as HSBC, Standard Chartered and UBS. Once sc...
-
HSBC Hard Sells Growth Plan To Disgruntled Investors After Rebuffing Breakup
A day after rebuffing a break-up plan by its top investor, HSBC fielded questions from disgruntled retail investors on Tuesday and its executives defended their strategy to operate as a global bank at its first meeting in Hong Kong in three years.
-
HSBC To Relaunch Private Banking Business In India Within A Year: Report
HSBC Holdings PLC plans to relaunch its India private banking business within a year, its India CEO told Reuters on Thursday, after the Asia-focused lender has identified the country as a key strategic market for growth.
