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HSBC fightback? Banking giant offers switching bribe of £125 just months after suggesting customers could have to pay for current accounts HSBC offers customers £125 cash incentive for advance and premier accounts Last October, hinted it could start charging for basic banking services Saw a huge outflow of current account switchers between July and September … Read more
Wimbledon is urged to sever ties with HSBC for failing to stand up for human rights in Hong Kong By Lucy White For The Daily Mail Published: 21:51 GMT, 4 February 2021 | Updated: 21:51 GMT, 4 February 2021 Major sporting events are under pressure to cut their ties with HSBC and Standard Chartered over … Read more
HSBC accused of abetting China’s attack on democracy: Protesters see Hong Kong accounts frozen By Lucy White For The Daily Mail Published: 22:57 GMT, 26 January 2021 | Updated: 22:57 GMT, 26 January 2021 HSBC has been accused of ‘aiding and abetting one of the biggest crackdowns on democracy in the world’ over its treatment … Read more
Banking giant HSBC is closing 82 branches across the country this year in a radical shake up of its network. Locations of branches shutting for good include West Street in Dorking, Staines, Cross Gates in Leeds, Market Place in Richmond, Marylebone in London and Gillingham in Kent. HSBC said the closure decisions have been made … Read more
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 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
HSBC mulls overhauling its business model to charge fees for current accounts and other services as profits slump due to rock-bottom rates HSBC saw pre-tax profit fall 36% to $3.1bn (£2.4bn) and revenues fall 11% in Q3 But it set aside less money for bad loans $785m compared to $3.8bn in Q2 The bank said … Read more
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
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
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: 21:57 BST, 26 September 2020 Two American law firms have started building class action law suits against HSBC and Standard … Read more