MortgagesLast of the sub-4% fixed mortgages disappear as HSBC hikes ratesFebruary 22, 202478From tomorrow, HSBC will become the final lender to up its sub-4% dealsFollows hikes by Santander, TSB and Coventry Building...
BankingHSBC reports 56% profit jump in 2023 but misses estimates; unveils US$2-billion new share buy-back programme, higher dividendFebruary 21, 202440HSBC also announced a new US$2 billion share buy-back programme and a higher dividend of US$0.61 per share for the...
BankingU.K. Banks’ 2024 Income Trajectory To Be Focus of 4Q Print — Sector PreviewFebruary 15, 202451U.K. banks' upcoming fourth-quarter earnings are expected to reflect robust financial performance and attractive shareholder returns. Investors are likely to...
BankingHSBC fined US$73 million by UK watchdog Prudential Regulation Authority for incorrectly excluding customers’ cash from protection schemeJanuary 30, 202434HSBC Holdings was fined £57.4 million (US$73 million) by the UK for incorrectly excluding billions of pounds of its customers’...
BankingJeremy Hunt to hold summit with bank CEOs over dwindling valuationsJanuary 19, 202434According to a report by Sky News, executives from Barclays, HSBC, Lloyds Banking Group, Natwest Group and Santander UK will...
BankingUK Treasury plans reforms to manage small bank failures after SVB collapseJanuary 11, 202435The consultation, published today (11 January), comes nearly a year after the collapse of Silicon Valley Bank, when HSBC stepped...
MortgagesHSBC announces latest mortgage rate cuts including a sub 4% dealJanuary 3, 202482From tomorrow, the bank's cheapest five-year fix will fall from 4.79% to 3.94%Its cheapest two-year fix will also drop from...
BankingHSBC first big bank to offer sub-4pc mortgages as rate war heats upJanuary 3, 202489He added: “These cuts are just the latest salvo in an increasingly fast-moving market. HSBC’s move is notable in that...
CurrenciesCan it rival Revolut and Wise for international payments?January 3, 202429HSBC is taking on challengers Revolut and Wise in a bid to attract customersThese challengers offer cheap foreign exchange which...
BankingHSBC vows not to announce any new branch closures in 2024December 27, 2023123HSBC announced 114 further bank branch closures in November 2022Firm's Jose Carvalho said there will be more banking hubs and...