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HSBC completes sale of French retail banking business to CCF

HSBC completes sale of its French retail banking business to Crédit Commercial de France (CCF), a subsidiary of My Money Group. HSBC reportedly...

OakNorth appoints Lord Adair Turner as chairman

OakNorth Appoints Lord Adair Turner as Chairman Chinese AI Startup Eyes US Market for Growth Tarabut Collaborates with Decentralized Savings Platform Hakbah Creditspring...

Tarabut partners with decentralised savings platform Hakbah

Creditspring Research on BNPL for Christmas:Young people (18-34) use Buy Now, Pay Later (BNPL) for Christmas expenses. Coping mechanisms amid financial difficulties. ...

Digital ID firm Yoti scores £12.5m debt funding from HSBC

Yoti, the digital identity company, secures £12.5 million in debt funding from HSBC and an additional £7.5 million in convertible debt funding from...

HSBC acquires Citi’s $3.6bn consumer wealth portfolio in China

HSBC has agreed to purchase Citi's retail wealth management portfolio in China, with a deal expected to close in the first half of 2024....

HSBC launches digital trade finance solution

HSBC has introduced HSBC TradePay, a digital trade finance solution that enables clients to instantly drawdown trade loans and pay suppliers, improving working capital...

NY Fed and banks upbeat on digital dollar pilot results

The Federal Reserve Bank of New York conducted a proof-of-concept (PoC) run with several banks and organizations, including Citi, HSBC, and Wells Fargo, to...

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