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
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
7083
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
15587
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
5055
News
Another massive Bitcoin ad rolls out in Hong Kong, urging citizens to “be their own bank.”
Hong Kong’s BTC association pushes ‘Bitcoin Tram’ ad campaign
Helen Partz
2020-09-11T18:19:00+01:00
13494
News
DAML smart contract language is now used for digital bonds.
Singapore Exchange uses blockchain to issue $300m digital bond
Helen Partz
2020-09-04T08:20:55+01:00
10640
News
Global banks are scanning clients in Hong Kong on potential political ties amid protests over China-initiated national security law.
Global Banks Reportedly Limit Service in Hong Kong for Political Reasons
Helen Partz
2020-07-20T22:45:00+01:00
2433
News
Singapore-based DBS bank joins blockchain trade-finance network Contour to disrupt its letters of credit settlement process.
DBS Bank Joins Global Blockchain Network to Digitize Trade Settlement
Mohammad Musharraf
2020-05-11T08:36:00+01:00
6546
News
A blockchain trade finance platform developed by eight major banks, among them HSBC, BNP Paribas, and Citi, is now ready for commercial launch in Singapore in Q...
HSBC: Blockchain Platform Will Keep Trade Finance Smooth Despite Coronavirus
Marie Huillet
2020-03-05T12:36:00+00:00
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