The BoE could raise interest rates earlier than expected in the face of soaring in inflation, says HSBC boss CFO Ewen Stevenson predicts the base rate could start moving from mid-2022 The raise in interest rates would be welcomed by long-suffering savers The Bank of England slashed interest rates to a record low of 0.1% … Read more
Mortgage rates have continued to hit record lows, as HSBC launched its first sub-1 per cent deal in more than five years. The lender has cut the rate on its two-year fixed product for those with deposits or equity of at least 40 per cent by 0.05 per cent, bringing it down to 0.99 per … Read more
HSBC passes a landmark climate change policy after facing years of criticism for its financing of coal power By Lucy White For The Daily Mail Published: 21:50 BST, 28 May 2021 | Updated: 21:50 BST, 28 May 2021 HSBC has passed a landmark climate change policy after facing years of criticism for its financing of … Read more
HSBC boss Noel Quinn (pictuerd) said the lender will not offer Bitcoin to clients, blaming its volatility and lack of transparency. The stance is in contrast to rivals such as Goldman Sachs.
Village bell-ringers and local bowls clubs are having their bank accounts closed by HSBC in a crackdown on money laundering. Last month, Money Mail revealed how the international bank had shut down the account of a pigeon racing club, and we have since heard from other community groups which have also been hit. Under action … Read more
HSBC handed out more mortgages in March than any other month in its HISTORY and cuts rates on a number of home loans Bank handed out more mortgages in March than any month in its 40-year history This included providing home loans to more than 3,000 first-time buyers It has also cut rates on several … Read more
‘You are no better than me’: HSBC cleaner is praised for brutally honest note urging her ‘cruel’ boss to ‘be kind’ on her last day before retiring after 35 years Twitter user Joe Cousins, from Southampton, shared his mother’s note online Cleaner said her manager’s ‘cruelty’ had prompted her to quit her work at bank … Read more
‘You are no better than me’: HSBC cleaner is praised for brutally honest note urging her ‘cruel’ boss to ‘be kind’ on her last day before retiring after 35 years Twitter user Joe Cousins, from Southampton, shared his mother’s note online Cleaner said her manager’s ‘cruelty’ had prompted her to quit her work at bank … Read more
Extinction Rebellion fanatics are deliberately causing at least £5,000 of criminal damage at protests to get jury trials as they believe they’ll stand a better chance of acquittal Extinction Rebellion deliberately causing criminal damage to get a jury trial Anyone who causes at least £5,000 of damage can be brought before a jury Protestors believe … Read more
Extinction Rebellion fanatics are deliberately causing at least £5,000 of criminal damage at protests to get jury trials as they believe they’ll stand a better chance of acquittal Extinction Rebellion deliberately causing criminal damage to get a jury trial Anyone who causes at least £5,000 of damage can be brought before a jury Protestors believe … Read more