HSBC appointed Andrew Fullam CFO for the U.S. and Americas. In this role, Fullam will be responsible for the region’s financial operations, including accounting, regulatory reporting, stress testing and capital management. read more
MAR 14, 2024 - 6:39 am
Reuters reported that First Citizens Bank filed a lawsuit against HSBC after it hired “dozens” of former Silicon Valley Bank employees in April. According to Reuters, First Citizens is alleging that HSBC “violated federal law by hiring away the workers.” read more
MAY 23, 2023 - 7:00 am
According to Reuters, David Sabow, the former head of technology and healthcare in North America for Silicon Valley Bank, is leading a team of “dozens” of former Silicon Valley Bank employees in joining HSBC’s U.S. division. read more
APR 12, 2023 - 7:11 am
HSBC Holdings’ wholly-owned subsidiary, HSBC Overseas Holdings (UK) Limited, entered into an agreement to sell its banking business in Canada (HSBC Canada) to Royal Bank of Canada (RBC) for a base cash consideration of C$13.5 billion ($10.1 billion). read more
NOV 29, 2022 - 7:16 am
HSBC Global Commercial Banking appointed Martin Richards global head of sustainable finance and client infrastructure for commercial banking. In this role, he will focus on delivering sustainable finance solutions that support the full ecosystem surrounding HSBC’s clients’ transition ambitions. read more
SEP 22, 2021 - 6:28 am
HSBC introduced a new green deposit program in the United States, giving businesses an option to put cash reserves to work to support decarbonization and a more sustainable future. read more
MAY 7, 2021 - 6:21 am
According to Reuters, HSBC and RBS plan to launch new app-based, digital banking platforms in the coming months. read more
NOV 11, 2019 - 6:35 am
According to Reuters, HSBC plans to cut up to 10,000 jobs or 4% of its workforce in an effort to reduce costs. read more
OCT 7, 2019 - 6:35 am
HSBC has appointed Michael Roberts to succeed Patrick Burke as president and CEO of HSBC USA. read more
JUL 10, 2019 - 6:55 am
HSBC and ING Bank successfully executed a live trade finance transaction for international food and agriculture conglomerate Cargill using R3’s Corda scalable blockchain platform. read more
MAY 17, 2018 - 8:35 am
Reuters reported that HSBC Holdings and UBS Group have each agreed to pay $14 million to settle private U.S. litigation accusing them of rigging an interest rate bench mark. read more
JUL 14, 2017 - 6:45 am
Element Fleet Management closed the issuance of $1.2 billion rated term notes through Chesapeake Funding II. read more
MAY 31, 2017 - 7:51 am
AerCap Holdings completed the closing of a new $0.7 billion secured credit facility. read more
JUL 25, 2016 - 6:39 am
The Wall Street Journal reported that 20 of the world’s biggest banks have lost 25% of their aggregate market value — approximately $465 billion — according to data from FactSet. read more
JUL 11, 2016 - 6:50 am
Hapaq-Lloyd and a banking syndicate, led by Credit Agricole, DNB, HSBC and UniCredit, signed a $372 million facility agreement to finance five new vessels. read more
OCT 2, 2015 - 8:07 am