Tags HSBC

Tag: HSBC

HSBC addresses gender funding gap with Female Entrepreneur Fund

HSBC has launched a Female Entrepreneur Fund which will provide $1bn in lending to female-owned business over the next 12 months.

HSBC acquires AXA Singapore in $529m deal

HSBC Insurance has completed the acquisition of 100% of the issued share capital of AXA Insurance in Singapore, for $529m.

The five biggest compliance failure fines of 2021

As another challenging year comes to an end, the task for organisations to remain compliant in new working environments is still ongoing. Despite firm efforts by many to avoid penalties, some institutions were unable to duck fines last year. Here are the top five compliance failure fines from the year of 2021.

FCA slaps HSBC with £63.9m fine for AML failings

The Financial Conduct Authority (FCA) has fined HSBC Bank £63,946,800 for failings related to its anti-money laundering processes.

HSBC unveils new risk scenario tool to support risk and trading...

HSBC has introduced the Risk Advisory tool, a solution aimed at helping the management of credit more efficiently for risk and trading teams.

HSBC Qatar introduces mobile payments service in banking digitisation push

HSBC Qatar has unveiled a new mobile payments and collections service for its customers as it continues its investment into digitising banking services.

LendInvest lands £150m Barclays, HSBC partnership to aid UK property market

PropTech company LendInvest has secured a partnership with banking giants HSBC and Barclays that will funnel £150m into the UK property space.

HSBC Insurance enters agreement to buy AXA Singapore for $575m

HSBC Insurance is set to acquire the Singaporean arm of global insurer AXA in a deal worth $575m.

HSBC bolsters Hong Kong offering with AI-powered equity index product

HSBC has unveiled AiPEX5, a new AI-powered equity index structured product to bolster its wealth offering in Hong Kong.

HSBC UK introduces fraud awareness app to bolster business safety

HSBC UK has launched a fraud awareness app to provide companies with news on emerging scams in real-time as well as tips and advice.

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