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.
News
Banking giant HSBC echoes global stablecoin concerns, calling for regulation to be equivalent to its adoption level.
HSBC CEO backs CBDCs against crypto and stablecoins
Helen Partz
2021-09-22T11:05:43+01:00
5711
News
“We take our duty as a responsible lender seriously and want to do everything we can to protect you,” HSBC UK reportedly wrote.
HSBC UK cuts credit card payments to Binance
Helen Partz
2021-08-03T14:20:26+01:00
6078
News
HSBC plans to improve the KYC process for local investors and corporate clients by leveraging blockchain technology.
HSBC becomes first foreign entity onboarded to Dubai’s KYC blockchain
Martin Young
2021-06-30T05:52:18+01:00
4543
Follow up
Having over 90,000 BTC on the balance sheet could see a company’s stock blacklisted by banks that remain crypto detractors.
Bitcoin on balance sheet attracts negative attention from anti-crypto banks
Osato Avan-Nomayo
2021-04-18T10:37:00+01:00
77660
News
The investment banking giant now reportedly classifies MicroStrategy as a “virtual currency product.”
HSBC reportedly blacklists MicroStrategy's stock for investing in Bitcoin
Osato Avan-Nomayo
2021-04-09T16:00:00+01:00
26174
News
A major global blockchain trade network welcomes one of Russia’s largest banks.
Russian Alfa-Bank joins HSBC-backed blockchain trade finance network
Helen Partz
2020-11-03T13:07:59+00:00
7416
Markets News
Bitcoin grapples with $11,000 as money laundering engulfs the banking sector again and coronavirus spoils stocks sentiment.
HSBC stock hits 25-year low: 5 things to watch in Bitcoin this week
William Suberg
2020-09-21T10:26:00+01:00
15846
News
Top financial services experts continue to join the Libra project.
Libra appoints HSBC veteran to manage crypto project's operational wing
Marie Huillet
2020-09-17T12:08:00+01:00
5161

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