Banking
HSBC Partners with Delta Capita for Multi-Year OTC Derivatives Servicing Deal
Delta Capita to Provide Global OTC Derivatives Confirmation and Settlement Services
Highlights:Global Reach: Delta Capita will deliver OTC derivatives confirmation and settlement services globally.
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FinTech
HSBC Partners with Delta Capita for Multi-Year OTC Derivatives Servicing Deal
A Strategic Collaboration to Enhance OTC Derivatives Processing and Improve EfficiencyHighlights: HSBC has signed a multi-year deal with Delta Capita for OTC derivatives servicing.The...
Banking
HSBC Shuts Down Wise Competitor Zing
HSBC discontinues Zing, its currency conversion app, after a year, citing strategic realignment and cost-cutting measures.Highlights:Strategic Closure: HSBC shuts down Zing, its currency...
FinTech
HSBC Shuts Down Zing: A Major Move in the FinTech Arena
What the Closure of Zing Means for the Future of Digital Banking and International TransfersHighlights: HSBC has announced the closure of its digital banking...
Banking
MAS to commence quantum-proofing cybersecurity trials with banks “in the coming months”
Here’s a summary of the collaboration between the Monetary Authority of Singapore (MAS) and various banks to address quantum computing threats in financial services:...
AI
New private bank Volans gears up for launch in Australia
Volans, a new private bank set to launch in Australia in May, aims to improve banking for high-net-worth customers by integrating advanced AI...
Banking
UK’s PRA fines HSBC £57m for “historic depositor protection failings”
HSBC was fined £57.4 million by the UK’s Prudential Regulation Authority (PRA).
Fine issued to HSBC's European holding company (HBEU) and UK subsidiary...
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