Would-be boss of HSBC finalising plans to shake-up bank – including cutting as many as 10,000 jobs

Would-be boss of HSBC finalising plans to shake-up bank – including cutting as many as 10,000 jobs Neil Quinn will unveil blueprint for lender’s future on Tuesday   By Lucy White For The Daily Mail Published: 21:48 GMT, 14 February 2020 | Updated: 09:47 GMT, 15 February 2020 The would-be boss of HSBC is finalising plans … Read more

Powerful City investors raise fears over delays in appointing new boss for HSBC

Powerful City investors raise fears over delays in appointing new boss for HSBC as banking giant launches overhaul of its strategy By Helen Cahill, Financial Mail On Sunday Published: 21:46 GMT, 15 February 2020 | Updated: 13:36 GMT, 16 February 2020 Powerful City investors have raised fears over delays in appointing a new chief executive … Read more

How HSBC digital cheque app use soared over the festive period

Revealed: How 10,000 cheques were digitally cashed every day over the peak festive period with banking giant HSBC Number of cheques digitally cashed by customers surged 250% Between 23 December and 30 December more than 50,000 were cashed Big banks increasingly offer cheque deposit scanners in their apps Still use cheques regularly, or never used … Read more

MARKET REPORT: Housebuilders hit record highs as HSBC tips sector

A string of housebuilders hit record highs after HSBC tipped the sector as the latest winner from Boris Johnson’s landslide election victory. In a bullish note, analysts upgraded profit and dividend forecasts as it said the Tory party’s 80-seat majority has ‘brought the prospect of a final settlement of Brexit closer and unleashed pent-up demand … Read more

ALEX BRUMMER: HSBC Interim boss Noel Quinn has been set an unfair test

What on earth is going on at Britain’s biggest bank, HSBC? One can understand chairman Mark Tucker’s caution in not going to the substitutes’ bench too quickly when choosing a permanent new chief executive. But allowing the substitute to do the hard work, to hit some difficult goals and then to put him on the … Read more

HSBC makes it easier to get a mortgage on a zero hours contract as bank relaxes application rules

It’s now easier to get a mortgage on a zero hours contract as HSBC becomes the latest lender to relax the rules for those not in full-time work HSBC relaxes its application rules for zero hours contract workers  Applicants will now have to submit less evidence of income and tax paid Bank says this will help … Read more

TONY HETHERINGTON: Why won’t HSBC let me buy medicinal cannabis with Bitcoin?

Tony Hetherington is Financial Mail on Sunday’s ace investigator, fighting readers corners, revealing the truth that lies behind closed doors and winning victories for those who have been left out-of-pocket. Find out how to contact him below.  S.M. writes: I tried to buy Bitcoin using my online account with First Direct, which is part of HSBC.  … Read more