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The Latest Breaking News from HSBC

Major bank predicts 'mild recession' as bankers' bonus pot swells to five-year high

ONE of the country’s biggest banks is steeled for a “mild recession” in the coming months as house prices are predicted to fall amid continued…

The National (Scotland)

Lloyds says UK will have 'mild' recession but house prices will tumble

The banking giant said it had already seen an increase in the number of people defaulting on their mortgages

Wales Online

Disabled daughter lost £2,449 in Santander bank switch

She was woken up by an Apple Pay alert to discover the money had disappeared

The Guardian - UK

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Big banks are raking in billions, and we all pay the price – time for a new windfall tax

Rises in interest rates are driving unemployment, low wages and poverty while the banks cash in, says campaigner Fran Boait

The Guardian - UK

HSBC quarterly profits more than double after interest rate rises

Bank increases CEO’s bonus and plans bigger shareholder payout as it faces pressure from investor Ping An

The Guardian - UK

Profits jump at HSBC as it moves to fend off break-up calls from China

HSBC today moved to fend off pressure from one of its biggest shareholders to break up the group and return chunks of cash to investors.

Evening Standard

FTSE 100 Live: HSBC Q4 profits surge, public finances boosted, private sector returns to growth

Banking giant HSBC today revealed its profits jumped 90% to $5.2 billion (£4.3 billion) in the final three months of 2022.

Evening Standard

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HSBC’s pre-tax profits dip slightly though hopes remain high for 2023

The banking group’s reported profit fell by 1.4 billion US dollars (£1.16 billion) to 17.5 billion dollars (£14.5 billion)

Wales Online

Gateshead firm iPac creates 100% recyclable packaging with £4.2m funding deal

The family firm is launching two new products and creating new jobs on the back of the HSBC deal

Birmingham Post

Virgin Money, TSB and Nationwide bank account holders warned over online security risk

The study conducted by Which? and the independent security experts at Red Maple Technologies looked at 13 of the biggest account providers to assess their security when it comes to online and mobile banking

Daily Mirror

Oliver Bonas in West Bridgford set to move into former HSBC bank

Plans have been but forward for the fashion store to relocate

Nottingham Post

Martin Lewis shares crucial mortgage tips for getting best deal if current fix due to end this year

The consumer champion shares a step-by-step guide for people remortgaging on the same property.

Daily Record

Virgin offers sub-4% five-year fix for new purchases

New 3.95% fixed rate will require a 40% deposit

Evening Standard

UK MPs and peers find HSBC complicit in Hong Kong human rights abuses

Bank sided with China in denying pension payouts to people who fled crackdown, says all-party group

The Guardian - UK

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Manchester Evening News

HSBC launches one of the 'best' mortgage deals for homeowners since before the mini budget

It comes after the Bank of England raised interest rates to 4 percent last week

The Guardian - UK

First five-year fixed mortgage under 4% since mini-budget launched by HSBC

Britons will be able to fix monthly home loan costs at level below Bank of England base rate

Evening Standard

HSBC launches new 5-year deal as mortgage market hots up

MORTGAGE brokers say the market for home loans is roaring back, with cheaper loans coming on every day.

Evening Standard

Five-year fixed mortgage rates available below four per cent for first time since September

HSBC UK has reduced a five-year fixed-rate mortgage deal for borrowers with a 40 per cent deposit to 3.99 per cent.

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The Independent UK

Five-year fixed mortgage rates now available below 4%

HSBC UK has reduced a five-year fixed-rate mortgage deal for borrowers with a 40% deposit to 3.99%.

Liverpool Echo

Full list of Barclays, Natwest, HSBC, Lloyds and Halifax bank branches closing in 2023

Several branches are closing in Merseyside

Wales Online

Martin Lewis issues important advice to anyone with kids

The Martin Lewis Money Show Live gives out tips on savings accounts

Daily Mirror

Full list of bank switch offers worth up to £200 - from Santander to TSB and First Direct

Switching banks has always been seen as a "quick and easy" way of making a little extra cash as banks usually offer an incentive for newbies to sign up and several banks have introduced new offers over the last few months

Wales Online

Surge in current account customers switching banks

Record number used seven-day switching service as rivals offer strong incentives to move accounts

The Independent UK

Surge in current account customers ditching and switching their bank

The number of current account customers using the seven-day switching service in the final quarter of 2022 was the highest since it launched in 2013.

Chronicle Live

Concern over second bank closure announcement in Whitley Bay in three months

Whitley Bay Labour councillor John O'Shea is concerned the closure will disproportionately affect the eldery and people who need face-to-face service

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