HSBC app was missing targets before bank ditched it
HSBC’s failed mobile app Zing had fewer than 9,000 active customers in the month before its closure was announced, falling short of the lender’s own targets and underlining how big banks have ...
Elhedery grasps the HSBC nettle
Now HSBC’s new chief executive, Georges Elhedery, seems to be heeding one of the tried and tested lessons of investment ...
Analysis-HSBC's global brand in the balance as it doubles down on Asia bet
HSBC Chairman Mark Tucker leaned into the microphone at a vast conference table in Beijing, telling British business leaders ...
HSBC plans biggest investment banking retrenchment in decades
HSBC is preparing to wind down its M&A and equity capital markets businesses in Europe, the UK and the Americas as part of a ...
Closure of HSBC money app -- customers told to act before May deadline
The app was launched in January 2024 as HSBC's first foray into the digital banking market, but is now set to close in four ...
HSBC’s Longshot Dream of Rivaling Wall Street Comes to an End
For years HSBC Holdings Plc harbored dreams of becoming a major player on Wall Street and in the City of London. This week, ...
HSBC Makes Global Rollbacks As It Scales Down Operations and Other Financial Services
The financial giant also noted that the move was aimed at simplifying its internal operations and focusing on its current key ...
HSBC to Shutter Some Investment Banking Units in Europe, US
HSBC Holdings Plc will wind down some of its investment banking operations in Europe, the UK and the Americas in the latest ...
Corning raised to Buy at HSBC on stronger, clearer growth drivers
Corning (NYSE:GLW) shares are little changed in Thursday's trading as HSBC upgrades shares of the company that specializes in ...
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HSBC sunsets year-old app Zing
The money transfer app, launched with initial plans to compete in the U.K. with fintechs like Wise and Remitly, will be ...
HSBC to exit M&A and capital markets businesses in UK, Europe and the U.S.
Back in October, the bank unveiled plans for a new geographic setup and set out to consolidate its operations into four ...
Customers urged to act after HSBC closes app after one year
Zing, the travel money and international payments application whose parent company is the HSBC Group, is to be axed after only a year of operation. Their official website announced: "We will ...