All news on the topic: HSBC
664
Nearly 1,000 offshore firms accused of flouting Scotland’s land ownership register
Russian oligarchs, billionaires, foreign governments, international royalty, and banking giants are among those behind nearly 1,000 offshore entities who are illegally flouting the land control registry, The Ferret can reveal.
672
Churches accuse HSBC of breaching human rights duties over Cerrejón coal mine
Mining giant Glencore’s vast coal mine in Colombia, Cerrejón, is an open pit six times the size of Manchester.
454
French prosecutors target HSBC Switzerland in $330m Lebanon corruption scandal
French prosecutors bring preliminary charges against bank’s Swiss unit over allegations linked to former governor Riad Salameh.
684
Starmer hails "huge win" as UK-Gulf pact promises €4bn annual boost to economy
The agreement is the first of its kind between the GCC and a G7 country, and will eliminate tariffs on billions of euros worth of British exports.
613
HSBC hit with $400m fraud loss tied to collapse of UK lender MFS
The collapse of Market Financial Solutions amid fraud allegations in February ensnared some of the largest lenders on Wall Street.
575
Scammers exploit banking credibility as fake stablecoins hit Hong Kong market
The most dangerous stablecoin scam may not look like what most people imagine. There’s no anonymous founder, no Discord full of bots, and no promises of returns that defy basic economic principles.
695
Secret transfers, shell firms and oil money: major banks dragged into alleged Iran money-laundering network worth millions
HSBC and Standard Chartered have become embroiled in allegations of a multimillion-pound scheme to launder money for Iran.
706
HSBC, Citi and JP Morgan named in alleged covert Iran payment network
SBC and Standard Chartered have found themselves entangled in allegations of a multimillion-pound scheme to launder money for Iran, The Telegraph can disclose.
872
HSBC’s Swiss private banking arm breached money-laundering rules, regulator finds
Finma watchdog says bank failed to carry out adequate checks of two high-risk business relationships
1040
Martin Lewis urges everyone born in certain years to put £1 in bank account
Martin Lewis has issued a warning to anyone born in certain years to put £1 in a bank account as soon as possible - and it's all to do with buying a house and getting on the property ladder
1260
Starling Bank appoints OVO Energy boss as new group chief executive officer
Raman Bhatia will take over as group chief executive from John Mountain, who took over on an interim basis in May
932
Major bank is giving new customers £220 - who is eligible and how to claim it
The offer is available to new HSBC UK customers who open an Advance or Premier Account and meet certain criteria
611
Tech giants, banks and governments join forces to combat international fraud
Representatives from governments, financial organisations and tech firms will attend the Lancaster House summit
776
Q&A on Nationwide's £2.9bn Virgin Money deal: What it means for 24m customers
The move took the City by surprise and is set to catapult Nationwide into second place in the mortgage and savings market
801
Debanking: More than 140,000 business accounts forcibly closed down in 2023
MPs on the Treasury Committee gathered the information as part of a probe into how many small to medium businesses face being debanked
931
Full list of lenders who have hiked mortgage rates this week - including Natwest
The year began with the "mortgage price war" as lenders across the board cut their rates with anticipation that the Bank of England was to cut its base interest rate - however this came to a crashing halt with lenders, including Santander, TSB and RBS, now upping deals
996
250 banks set to close this year including Barclays and HSBC - search your town
Twelve major bank branches closed in January alone and another 38 will have been shut down by the end of this month. They are among 245 banks set to close in 2024, with another six branches also due to shut but with no end date yet announced
834
HSBC, NatWest and Virgin Money all hiking mortgage rates from today
Major bank and lender HSBC has today pulled its 3.99% five-year fixed rate remortgage deal, meaning the last sub-4% offering has now disappeared from the market
1206
'The obscene profits made by the Big Four banks will stick in the craw'
The Big Four banks' profit gains were made off soaring interest rates, which have cost households hundreds more in mortgage and rental costs - corporations put profits ahead of people
555
HSBC to increase mortgage rates from tomorrow in 'hammer blow' to market
The uprating follows similar moves by other lenders this week, including Santander, Coventry, and TSB.
1098
Lloyds, HSBC, Barclays and NatWest rake in £44bn as borrowers hit by rate hikes
Lloyds Banking Group was the last to report its annual results as it today revealed it made a record £7.5billion last year - a more than 50% leap on 2022
559
HSBC reveals record profits of £24bn as chief sees pay double to £10.6m
The bank said its pre-tax profit surged by nearly 80% to top £24 billion in 2023, up from £13.6 billion the year before
1400
UK's five biggest banks are expected to reveal record £50 billion profits
The UK's biggest banks are set to report record-high profits after a year that saw lenders benefit from higher borrowing costs, as they face questions over the outlook for the year ahead
1438
'Escaped monkey fiasco doesn't compare to monkey business in Westminster'
This week Shadow Chancellor Rachel Reeves announced that Labour would not be reversing the Conservative's scrapping of the banker bonus cap if they got back into power
941
'Labour risks raining on enthusiasm if it keeps kowtowing to overpaid bankers'
The Labour Party might be on a charm offensive with the fatcats in high finance, but Mirror columnist Paul Routledge asks if it's really necessary to be cosying quite so close to the bankers
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