Is your local HSBC branch closing soon? Bank exits more locations

Is YOUR branch closing? HSBC to shut 82 this year and axe counter services at others as it focuses on temporary ‘pop-up’ hubs in a digital drive 82 HSBC bank branches will be closed this year, the lender has confirmed Branches in Marylebone, London and in Dorking, Surrey, set to shut Radical shake up of … Read more Is your local HSBC branch closing soon? Bank exits more locations

HSBC brings back 10 per cent deposit mortgages, joining raft of other lenders

HSBC next to bring back 10% deposit mortgages, joining raft of other major lenders including Coventry and Lloyds The lender will reinstate its 90% loan-to-value deals as of next week  It follows similar moves from other banks such as NatWest and Halifax HSBC is yet to announce rates, but its competitors have set them fairly … Read more HSBC brings back 10 per cent deposit mortgages, joining raft of other lenders

Regular saver accounts: HSBC and First Direct slash rates again

HSBC and First Direct make more huge cuts to regular saver accounts which now pay just 1% – a drop of four fifths compared to last summer HSBC and First Direct customers will see rates fall from 2.75% to 1%  The accounts let current accounts save up to £300 a month at a top rate  … Read more Regular saver accounts: HSBC and First Direct slash rates again

ASK TONY: Bitcoin con cost me £82,532 but HSBC refuses to refund me

Last summer I was tricked into transferring my life savings to criminals posing as cryptocurrency brokers.  My friends had told me that lots of people were investing in Bitcoin and doing very well, so I found an online firm claiming to offer Bitcoin and entered my details. I was then contacted by a number of … Read more ASK TONY: Bitcoin con cost me £82,532 but HSBC refuses to refund me

MARKET REPORT: Chinese ramp up stake in HSBC

MARKET REPORT: HSBC shares enjoy their best daily surge for more than a decade after Chinese investor ramps up stake in embattled bank By Matt Oliver For The Daily Mail Published: 22:21 BST, 28 September 2020 | Updated: 22:21 BST, 28 September 2020 HSBC shares enjoyed their best daily surge for more than a decade … Read more MARKET REPORT: Chinese ramp up stake in HSBC

HSBC to face class action over money laundering claims

As bank giant’s shares sink to new low, HSBC to face class action over money laundering claims By Helen Cahill And Adam Luck, Financial Mail On Sunday Published: 21:50 BST, 26 September 2020 | Updated: 22:59 BST, 26 September 2020 Two American law firms have started building class action law suits against HSBC and Standard … Read more HSBC to face class action over money
laundering claims

HSBC faces legal action over dirty cash claims

HSBC warned it could be bombarded by legal claims after leaked files indicate bank allowed criminals to launder money By Daily Mail City & Finance Reporter Published: 22:00 BST, 21 September 2020 | Updated: 22:00 BST, 21 September 2020 HSBC has been warned it could be bombarded by legal claims after leaked files indicated the … Read more HSBC faces legal action over dirty cash claims

HSBC axes 90% mortgages hitting first-time buyers

First-time buyers hit as HSBC axes 90% mortgages amid worries that a surge in demand ‘put property purchases at risk’ HSBC will temporarily suspend deals for borrowers with a 10 per cent deposit Most lenders pulled these deals earlier this year due to reduced staff numbers As of this morning there were just 62 90 … Read more HSBC axes 90% mortgages hitting first-time buyers

The Zoom BOOM: Company now bigger than HSBC and Lloyds put together 

The Zoom BOOM: Company nobody had heard of before Covid is now bigger than HSBC and Lloyds put together By Francesca Washtell For The Daily Mail Published: 22:16 BST, 1 September 2020 | Updated: 22:40 BST, 1 September 2020 A video conferencing company that few had heard of before lockdown is now worth more than … Read more The Zoom BOOM: Company now bigger than HSBC and Lloyds put together