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...
Banking
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...
Banking
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...
Banking
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.
...
Banking
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...
Banking
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....
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