HSBC has been slapped with a £57.4 million fine by the Bank of England's Prudential Regulation Authority (PRA) for "serious failings" in safeguarding customer deposits over a seven-year period from 2015 to 2022. This marks the second-largest fine ever imposed by the PRA. The initial fine
Hsbc
Glasgow-based workwear and safety equipment company Suresafe has invested in new machinery following a £1.2 million funding package from HSBC UK.
Responsible investor Downing LLP’s Property Finance Team has received a £75 million sustainability-linked facility from HSBC. Complementing the significant retail and institutional capital which Downing already has and is looking to deploy into the space, the additional funding will allo
HSBC has become the first bank to offer tokenised gold to customers. The bank has revealed a platofrm that utilises distributed ledger technology to tokenise the ownership of institutional clients’ physical gold held in the bank’s London vault.
Nevis Range, a highlands mountain range resort, has witnessed its profits surge by 55% following a £1 million investment package from HSBC UK.
An Inverness fruit and vegetable wholesaler has diversified its business to transform natural waste into an environmentally friendly soil enhancer, thanks to a £150,000 funding package from HSBC UK.
HSBC, which accounts for nearly a quarter of the home loans market, has withdrawn all of its residential, buy-to-let and business mortgage deals.
A third (36%) of UK businesses plan to adapt their strategies to navigate financial challenges over the next six months, according to new research from HSBC UK.
Margiotta, a family-run independent convenience retailer in Edinburgh, is poised to grow its footprint, backed by a £725,000 investment from HSBC UK.
Unite the Union has revealed that the UK's four big banks, how banks have already made billions in extra profit from interest rate rises.
A family-owned and run Scottish online butcher will soon be home to the UK’s largest dry-aging station, after securing a £2 million funding package from HSBC. Founded in 1946 by brothers William and John, John Gilmour Butchers is building a £10 million new butchery and retail facil
HSBC's UK ring-fenced subsidiary, HSBC UK Bank plc, has acquired Silicon Valley Bank UK Limited (SVB UK) for £1 after the bank's US parent company collapsed on Friday.
Isle of Harris Distillers has secured a £10 million funding package from HSBC UK as it sets its sights on further international expansion.
HSBC Group reported its 2022 Q3 results and subsequently announced the appointment of Georges Elhedery as group CFO and an executive director of the board as well as the appointment of Greg Guyett as chief executive of global banking and markets (GBM). Mr Guyett's appointment is effective
Britain's biggest banks are expected to report profits of £33 billion when they reveal their third-quarter results next week. The figures from Lloyds Banking Group, NatWest Group, Barclays and HSBC are expected to show their combined profits rising from £25 billion in 2019 to £33 b