All news on the topic: HSBC

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HSBC’s Swiss private banking arm breached money-laundering rules, regulator finds
Finma watchdog says bank failed to carry out adequate checks of two high-risk business relationships
827
Martin Lewis urges everyone born in certain years to put £1 in bank account
Martin Lewis has issued a warning to anyone born in certain years to put £1 in a bank account as soon as possible - and it's all to do with buying a house and getting on the property ladder
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Starling Bank appoints OVO Energy boss as new group chief executive officer
Raman Bhatia will take over as group chief executive from John Mountain, who took over on an interim basis in May
734
Major bank is giving new customers £220 - who is eligible and how to claim it
The offer is available to new HSBC UK customers who open an Advance or Premier Account and meet certain criteria
461
Tech giants, banks and governments join forces to combat international fraud
Representatives from governments, financial organisations and tech firms will attend the Lancaster House summit
593
Q&A on Nationwide's £2.9bn Virgin Money deal: What it means for 24m customers
The move took the City by surprise and is set to catapult Nationwide into second place in the mortgage and savings market
611
Debanking: More than 140,000 business accounts forcibly closed down in 2023
MPs on the Treasury Committee gathered the information as part of a probe into how many small to medium businesses face being debanked
779
Full list of lenders who have hiked mortgage rates this week - including Natwest
The year began with the "mortgage price war" as lenders across the board cut their rates with anticipation that the Bank of England was to cut its base interest rate - however this came to a crashing halt with lenders, including Santander, TSB and RBS, now upping deals
846
250 banks set to close this year including Barclays and HSBC - search your town
Twelve major bank branches closed in January alone and another 38 will have been shut down by the end of this month. They are among 245 banks set to close in 2024, with another six branches also due to shut but with no end date yet announced
662
HSBC, NatWest and Virgin Money all hiking mortgage rates from today
Major bank and lender HSBC has today pulled its 3.99% five-year fixed rate remortgage deal, meaning the last sub-4% offering has now disappeared from the market
997
'The obscene profits made by the Big Four banks will stick in the craw'
The Big Four banks' profit gains were made off soaring interest rates, which have cost households hundreds more in mortgage and rental costs - corporations put profits ahead of people
397
HSBC to increase mortgage rates from tomorrow in 'hammer blow' to market
The uprating follows similar moves by other lenders this week, including Santander, Coventry, and TSB.
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Lloyds, HSBC, Barclays and NatWest rake in £44bn as borrowers hit by rate hikes
Lloyds Banking Group was the last to report its annual results as it today revealed it made a record £7.5billion last year - a more than 50% leap on 2022
438
HSBC reveals record profits of £24bn as chief sees pay double to £10.6m
The bank said its pre-tax profit surged by nearly 80% to top £24 billion in 2023, up from £13.6 billion the year before
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UK's five biggest banks are expected to reveal record £50 billion profits
The UK's biggest banks are set to report record-high profits after a year that saw lenders benefit from higher borrowing costs, as they face questions over the outlook for the year ahead
1233
'Escaped monkey fiasco doesn't compare to monkey business in Westminster'
This week Shadow Chancellor Rachel Reeves announced that Labour would not be reversing the Conservative's scrapping of the banker bonus cap if they got back into power
753
'Labour risks raining on enthusiasm if it keeps kowtowing to overpaid bankers'
The Labour Party might be on a charm offensive with the fatcats in high finance, but Mirror columnist Paul Routledge asks if it's really necessary to be cosying quite so close to the bankers
551
Major bank axes £175 switching offer and you don't have long left to claim
Banks offer switching incentives to entice customers into moving their cash to them however the pool of incentives has dried up a tad with another bank axing its switching offer
1208
Banks paid out more in dividends than any other sector in 2023
HSBC dominated UK dividend payments over 2023, global financial services firm Computershare found.
779
Jeremy Hunt holds meeting with bank bosses in bid to boost interest in City
The Chancellor and Bim Afolami, the economic secretary to the Treasury, met with bosses at Barclays, HSBC, Lloyds, NatWest, Santander UK and the London Stock Exchange Group on Tuesday morning
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Mortgage price war ramps up as more than 30 lenders slash borrowing costs
Mortgage borrowing costs are coming down because market analysts are expecting the Bank of England to finally start cutting its base rate, which is currently at 5.25%
378
Mortgage price war ramps up as another major lender slashes rates below 4%
First Direct announced it was reducing rates across its entire range of repayment mortgages from tomorrow (January 5) with the biggest cut on its 10-year fixed rate mortgage
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HSBC slashes mortgage rates to below 4% as ‘price war’ heats up
HSBC says its new deals will be introduced on Thursday and will include a two-year fixed remortgage deal for 4.49% and a five-year deal for 3.94% - the lowest rates the UK has seen since June last year
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Brits can get free £175 for a post-Christmas cash boost - see if you're eligible
First Direct is paying new customers £175 to move their current account - in addition to this, you also get access to its linked regular saver which pays 7% interest
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Top 20 Christmas gifts Brits would love to receive - from abroad
Swiss chocolate, and Egyptian cotton bedding, top the list - as more than four in 10 say that international gifts just feel that little bit more fancy, the research found