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HSBC to sack hundreds of top bankers in scramble to cut costs

HSBC is to lay off hundreds of top bankers as bosses scramble...

HSBC’s Pam Kaur smashes glass ceiling in major overhaul

By Sinead Cruise and Lawrence WhiteLONDON (Reuters) - HSBC's history-making new chief financial officer Pam Kaur is a battle-hardened risk and audit veteran who...

HSBC splits up bank amid growing tensions between China and the West

It comes amid growing pressure on the bank to move its headquarters...

Canary Wharf downgraded to junk status as post-pandemic office exodus continues

Canary Wharf has suffered a further debt downgrade following an exodus of...

Lifeline for home buyers as Halifax joins rush to cut mortgage rates

Halifax has joined other leading lenders in cutting mortgage rates to under 4 percent in a move that is expected to drive up sales.Earlier...

Former UK politician Danny Alexander to helm HSBC’s new infrastructure unit

HSBC has hired Danny Alexander to lead its new infrastructure unit to tap opportunities associated with the global shift to a low carbon economy.The...

Warning over ‘free cash’ bank offers as loopholes could see thousands miss out

SWITCHING bank accounts has historically been an easy way to pocket free cash.Banks regularly offer incentives worth hundreds of pounds for new customers to...

Top bankers ordered to rein in travel and entertainment expenses

A HSBC spokesman said: “We are working smarter and more efficiently as...

Nationwide, HSBC and Virgin Money urged to ‘ensure compensation for losses’ from banking app outages

Banks and building societies should "ensure compensation" is awarded to customers impacted by today's online and mobile banking outages, according to a leading consumer...

Payment System Outages Highlight Vulnerabilities in Banking Infrastructure

The recent payment delays experienced by customers of HSBC, Virgin Money, and Nationwide underscore significant vulnerabilities within the current banking infrastructure. Outages reportedly affected more than...

HSBC, Barclays and NatWest slash mortgage rates as Bank of England interest rate cut ‘looking optimistic’

HSBC, Barclays and NatWest are among the major high street lenders reducing mortgage rates as experts are claiming "things are looking a lot more...

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