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The Latest Breaking News from HSBC

Martin Lewis warning for anyone thinking of switching bank accounts

The money-saving expert has issued some words of caution for those looking to switch bank accounts

Manchester Evening News

How a pod of SVB bankers are starting over at a new firm after their world fell apart

Former SVB bankers Jake Moseley and Matt Trotter talk about their decision to join Stifel and the gaping hole left by SVB in venture lending.

Fortune

HSBC launches new £200 free cash switching offer to people moving their everyday banking services

RBS, NatWest and First Direct are also offering up to £200 to new customers switching banks.

Daily Record

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HSBC is giving away £200 to new customers - see how to claim the cash

The bank bribe is available when you move your existing current account to an HSBC Advance or Premier bank account - and there is currently no end date for this offer

Daily Mirror

Game of Thrones stars challenge big banks over fossil fuel links

Kit Harington and Rose Leslie attend ‘couples therapy’ in film for Richard Curtis ‘public education’ campaign

The Guardian - UK

Game Of Thrones stars condemn high street banks for working with fossil fuel companies

Kit Harington and Rose Leslie appear in new Richard Curtis-founded Make My Money Matter campaign

Evening Standard

'World's most tattooed man' who removed nipples loves working as primary school teacher

Sylvain H laine, 37, is covered in £57,000 worth of body art, and has even gone as far as having his nipple and belly button removed to make room for more tats

Daily Mirror

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HSBC to relocate to new South West headquarters in Bristol

Bank says hundreds of its staff are set to move to the EQ office building in the city centre

Birmingham Post

HSBC could leave iconic Canary Wharf tower for Fleet Street

The banking giant is looking at an office on the same site as the Daily Express Building, according to reports

Evening Standard

£30m funding pot secured by Myenergi to accelerate business development strategy

HSBC backing for smart technology producer behind car charging, storage and optimal energy use devices

Birmingham Post

UK economy: Set-piece moment looms from latest growth readout

Test for more resilient showing from UK economy due on Thursday from GDP data for February

Evening Standard

John Lewis finance won’t help us get back our lost £30,000 kitchen money

We paid on its credit card but when the kitchen company disappeared a chargeback was refused

The Guardian - UK

Why you should care about bumper bank profits

The Bank of England has raised interest rates 11 times since December 2021 but, while this may boost bank profits, it is less likely to boost many people’s bank balances.

The Conversation

HSBC extends deadline for customers to secure bigger interest-free overdraft

HSBC customers now have until 10 May to increase their interest-free overdraft limit from £25 to £500. Lloyds, Nationwide and First Direct also offer similar support. We explain everything you need to know

The Money Edit

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Birmingham Post

Swansea Building Society CEO on community bank for Wales fears, UK branch closures and the threat to the self-build market

Alun Williams is the longest-serving chief executive of any building society in the UK

Evening Standard

OPINION - The SVB affair was a near-miss for UK tech: what do we know now?

How big a role should heritage banks play in the ultra-modern tech finance world?

Chronicle Live

'I hope this is not a slippery slope of things to follow' - Whitley Bay Natwest branch is third bank set to close in town

Natwest is the third bank to announce closure in Whitley Bay since December 2022.

Evening Standard

Bank of England chief: HSBC was only reasonable bidder for Silicon Valley Bank UK

Other prospective bidders, Andrew Bailey said, either never submitted a firm offer or attached terms the Bank couldn’t agree to

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The Independent UK

Watch as Bank of England governor speaks to Treasury committee on SVB rescue

Watch as Bank of England governor Andrew Bailey speaks to the Treasury committee about Silicon Valley Bank (SVB) after its £1 rescue by HSBC.

Wales Online

Bank closures announced in 2023 including HSBC, Lloyds and Barclays - full list

More than 5,000 branch closures have been announced since January 2015 by banks and building societies

Chronicle Live

Full list of bank closures across the UK including in the North East - Halifax, HSBC and more

Nationwide, Santander, NatWest, Barclays and Lloyds are also among the banks shutting several branches this year, with Newcastle, North Tyneside, South Tyneside and Durham affected

The Guardian - UK

Investors force HSBC shareholder vote on structural overhaul

Minority shareholder Ken Lui leads campaign seeking to split bank’s Asian and western businesses

Daily Mirror

Bank of Dave star says High Street banks have lost touch and no longer care about customers

Man behind 'Bank of Dave' offers to buy UK arm of SVB off HSBC for £1 - double the amount bosses paid for it - as he slams global financial system

Birmingham Post

Expansion plans for Swansea performing arts school following buyout

Stagecoach Performing Arts was acquired following a six-figure funding package for HSBC UK

The Conversation

Four ways to protect your small business from a banking crisis

The banking sector is currently experiencing great strain, which has resulted in several bank bailouts – most recently UBS’ deal to buy its Swiss competitor Credit Suisse following a collapse in confidence in the latter. HSBC’s acquisition of the UK arm of the collapsed Silicon Valley Bank the previous week…

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