News
At least six big Australian banks have taken the same action — a trend one industry executive says is stripping Aussies of their “financial rights” to participate in the digital economy.
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HSBC News
HSBC is a British multinational financial services company founded in British Hong Kong in 1865 by Thomas Sutherland. HSBC bank is currently one of the largest banks in terms of revenue, total assets and operating income. Some of the major subsidiaries of HSBC are HSBC Bank USA, HSBC Bank PLC, The Hongkong and Shanghai Banking Corporation Limited, and HSBC Japan. HSBC mostly specializes in commercial banking, investment banking, wealth management and global private banking. HSBC was a part of numerous money laundering investigations by the U.K., U.S. and international authorities. The company was also a part of a foreign exchange (forex) scandal and London Interbank Offered Rate (LIBOR) scandal, both of which resulted with fines in favor of the authorities. However, HSBC Bank remains one of the most influential and robust international financial services in Europe and in the world.
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Franklin Templeton executive Sandy Kaul said in a report that a pathway to reengineering the global financial markets can be seen for the first time.
7909 - Altcoin Watch
The LINK token continues to strengthen as professional traders and enterprise solution clients enter Chainlink’s ecosystem.
14642 - News
HSBC has partnered with Ripple-owned tech firm Metaco to allow institutional investors to hold tokenized securities on its new custody platform.
8788 - News
During the test, HSBC was connected to the blockchain platform developed by Ant Group and supported by the company’s banking partners.
2745 - News
The venerable British bank became the first to join BT (formerly British Telecom) and Toshiba’s secure quantum “metro” network in the United Kingdom.
4860 - Market Analysis
Weak derivatives metrics, and declining TVL and DApps use, put Ethereum bears in a better position to keep ETH price below $2,000.
12779 - News
Three crypto ETFs listed on the Stock Exchange of Hong Kong are now reportedly available for trading at Hong Kong’s largest bank.
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The rock band Queen and big bank HSBC eye up the metaverse while Yuga Labs launched the next iteration of its NFT gaming saga.
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Both HSBC and Scotiabank have not been supportive of cryptocurrency adoption in recent years.
13257 - News
Insider sources reportedly described the bonus pool as “modest,” adding that the stock held by senior execs had been “rendered worthless” following Silicon Valley Bank UK arm’s “near-collapse.”
7265 - Breaking news
Banking giant HSBC announced that it is acquiring Silicon Valley Bank UK for one pound ($1.21).
21871 - News
An emergency plan to rescue startups and tech companies affected by the Silicon Valley Bank collapse is underway in the United Kingdom.
18987 - News
The banks join a growing list of financial institutions in the country tightening restrictions on digital assets.
11155 - News
According to a job posting, HSBC is looking for a candidate who knows of digital assets, especially asset tokenization and custody.
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