Over 10,000 jobs are at stake at HSBC as the bank embarks on a cost-cutting programme. HSBC currently employs around 238,000 people, however, according to the Financial Times, staff reductions are long overdue.
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HSBC has launched a trade finance API which allows partner financial organisations and their clients observe the status of their bank guarantees in real-time, from their own platforms. The bank guarantee API is now being tested by ING and Standard Bank and it will allow partners to create their own
HSBC UK has today launched a £650 million lending fund to support small and medium-sized enterprises (SMEs) in Scotland. The fund is part of its commitment to help businesses realise their ambitions for growth and navigate Brexit.
The Scottish Building Society (SBS) has joined the Scottish Financial Enterprise (SFE). SFE supports Scotland's financial services sector and includes organisations such as HSBC, Investe, Jpmorgan, KPMG and Lloyds Banking Group. It represents an industry that employs over 160,000 people in Scot
New HSBC UK research has revealed that over half of Scottish small and medium-sized enterprises (SMEs) believe that fraud attacks are becoming more frequent.
HSBC has provided Highland Spring Group with £55.5 million to help its operational and environmental strategies prosper. The funding includes asset-based lending and debt refinance.
HSBC has provided a seven-figure funding package to Kilmarnock FC owner Billy Bowie to help achieve his goals to grow his Park Hotel and Special Projects business ventures. The funding will help Mr Bowie create 20 new jobs at the four-star Park Hotel at Kilmarnock’s Rugby Park. Employees will
A luxury holiday lodge and bistro resort in Carse of Gowrie is set to expand after securing a £1 million finance package from HSBC.
Glasgow-based engineering consultancy, Mabbett & Associates Ltd, has used £160,000 of HSBC funds to further diversify its business by creating Mabbett Environmental Planning Ltd. The new enterprise will facilitate the firm’s expansion in the environmental planning services sector, growing the
Kenny White Edinburgh-based residential care specialist Randolph Hill Nursing Homes which provides residential nursing care for 340 residents and employs more than 500 people across Scotland has secured a £26 million finance package from HSBC.