StanChart unit to launch cryptocurrency trading platform
A Standard Chartered PLC (STAN.L) unit intends to establish a cryptocurrency brokerage and exchange platform in Britain and Europe, targeting institutional clients, the bank said on Wednesday.
HSBC exits loss-making U.S. retail banking as part of Asia pivot
HSBC (HSBA.L) announced it is withdrawing from U.S. mass market retail banking by selling some parts of the money-losing business and winding down others, a long-awaited move as the lender steps up a shift in focus to Asia, its biggest market.
A Zoom-free Friday afternoon will be incorporated by HSBC
HSBC is preparing Zoom-free Friday afternoons for many UK workers in an effort to alleviate stress caused by working from home, which is common during pandemics. Many other organizations have reported similar policies to enhance employee quality of life, and the pilot program supports them. In its commercial banking division, which includes current accounts, deposits, […]
Exclusive-HSBC moves more than 1,200 UK staff to permanent home working
LONDON (Reuters) – HSBC is moving more than 1,200 staff in Britain to permanent working from home contracts, in one of the strongest indications yet of how banks are locking in changes to employees’ work patterns as a result of the pandemic to cut costs. Around 70% of the bank’s 1,800 call centre staff based […]
