HSBC Reports Sharp Revenue Decline in 2020 The reported profit after tax reached $6.1 billion in 2020, which is a 30% drop compared to 2019.
David Ingleson Is Onboarded by Broadridge to Chief Operating Officer David Ingleson will report to Samir Pandiri, President of Broadridge International in Singapore.
Ziglu Names Daniel Sale as Marketing Director Part of Sale’s role will include helping to drive awareness and the continued acquisition of Ziglu.
Christy Clark Has Been Secured as Chief of Staff by Diem Clark brings around twenty years of experience from the financial services industry and national security.
FXSpotStream Onboards Caryn Kim as Business Development Manager Kim brings diverse financial experience to the role along with a wealth of knowledge from various banks.
HSBC Plans Exit from US Retail Banking Business The management is expected to pitch a plan for the exit to the board next month.
HSBC Ousts Head of US Fixed Income Desk Michael Yarian Europe's biggest bank poached Michael Yarian from Barclays in 2016.
Maria Iacob Joins TTCM Traders Trust as Chief Growth Officer Iacob brings extensive experience in Business Growth to the trading services provider.
HSBC to Shed up to 300 Staff from the UK Offices This lay-off is a part of the lender’s global restructuring program.
FinCEN Files: Big Banks Moved $2 Trillion in Illicit Funds The banks are now trying to come out clean, calling the data ‘historical’.
HSBC Launches New FX NDF Algo Suite with Asian Currencies The bank has plans to further expand its products into other developing regions.
SGX Completes First Pilot Digital Bond Issuance with HSBC and Temasek The exchange replicated a bond issue of Olam International.
US Fintech Episode Six Raises $7 Million from HSBC, Mastercard The company is focusing on its expansion in Europe and Asia-pacific.
HSBC Plans to Lay Off 255 Staff in France, Says Report The cuts came a few months after the lender put its job cuts plan on hold to limit coronavirus ...
HSBC Appoints Eileen Murray as an Independent Non-Exec Director Murray’s new position took effect on the 1st of July 2020.
HSBC Decides to Go Ahead with 35,000 Job Cuts The bank first proposed layoffs in February, but halted the decision for being harsh on staff.
Chirag Patel Joins HSBC as Global Co-Head of FX and PM Options He was global co-head of FX trading at Citi before
HSBC Takes $200 Million Hit on Gold Volatility Spurred by Corona HSBC further explains that in a rare occurrence the one-day loss breached its value-at-risk limits 12 times in March.
TransFICC Secures New Investment from AlbionVC, ING Ventures and HSBC The new investors join existing shareholders, Citi, Illuminate Financial, Main Incubator and The FinLab