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The Latest Breaking News from HSBC

HSBC UK launches new £1.5bn fund to support West Midlands SMEs

Birmingham-based bank says customers have told it they are now ready to invest for growth with sustainability and digitisation highlighted as key areas

Birmingham Post

HSBC announces £400m fund for SMEs in Bristol and Bath

The bank is hoping the ring-fenced cash will drive growth among the region's SMEs, it said

Birmingham Post

HSBC launches £1 billion fund to support Scottish SMEs

Since launching the SME Fund in 2014, the bank has lent more than £90bn to UK businesses

Insider UK

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Merseyside Barclays one of 27 branches to close as UK loses 330 banks in a year

The 27 closures add to 63 Barclays announced earlier in the year

Liverpool Echo

Full list of latest closures as Barclays says it's shutting another 27 banks

It says they don't get enough custom

Wales Online

Barclays shuts 27 more branches as UK loses 330 banks in a year - see full list

High street bank Barclays is due to shut another 27 of its branches this year, blaming low customer numbers and a shift to online banking, as its rivals plan to close hundreds too

Daily Mirror

Lloyds Bank in Whickham set to close for good in September

Falling customer use leads to High Street branch becoming one of the latest victims of Lloyds' nationwide cuts programme

Chronicle Live

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HSBC banker suspended for speech on climate change 'nut jobs' discussing 'end of world'

Stuart Kirk spoke at the Financial Times' Moral Money Summit Europe conference and accused central bankers and policymakers of overstating the financial risks of climate change

Daily Mirror

HSBC suspend senior banker after he dismissed climate change warnings

LENDING giant HSBC has reportedly suspended a senior banker after he dismissed climate change warnings as “unsubstantiated” and claimed central…

The National (Scotland)

HSBC suspends head of responsible investing who called climate warnings ‘shrill’

Bank investigating Stuart Kirk’s conference speech deriding flooding risks and climate warnings from UN and Bank of England

The Guardian - UK

‘Who cares if Miami is six metres underwater?’ HSBC banker under fire for dismissing climate warnings

Stuart Kirk used speech at business conference to dismiss ‘unsubstantiated, shrill, partisan, self-serving, apocalyptic warnings’

The Independent UK

Cash in on cashback: shop around for the best deals

There are plenty of options if you want to switch current accounts or your phone or broadband provider

The Guardian - UK

Telangana is role model for the country: KTR

HYDERABAD

The Hindu

HSBC pressured to sack banker who discredited climate crisis warnings

Speech by head of responsible investing Stuart Kirk dismissed global heating and joked about flooding risks

The Guardian - UK

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Liverpool Echo

Ava White update, attempted HSBC robbery and LFC parade

The latest evening ECHO headlines on Tuesday, May 19

Liverpool Echo

Car burnt out as robbers leave HSBC with empty cash box

A man attacked a security guard outside HSBC and stole a cash box

Birmingham Post

Inspiring Women event returns to Business Week with champions of enterprise, community and politics

HullBid event has a strong line-up with decorated speakers

Wales Online

The stand out planning application granted in Cardiff this week

Coffi Lab looks set to open a new cafe on the site of a former betting agents in Rhiwbina

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Wales Online

You can get £170 by switching your current account bank

HSBC is offering the incentive to new customers

Bangkok Post

HSBC pressed to spin off Asian business

HSBC Holdings Plc has begun an internal review in the face of pressure from its largest shareholder to discuss splitting off the bank's Asian operations.

The Guardian - UK

As tensions rise between east and west, will HSBC be torn apart?

The bank, once a herald of globalisation, is struggling to placate investors amid US-China trade wars and crisis in Hong Kong

Daily Mirror

TSB, Barclays and more banks hike mortgages as 2million to be hit by rate rise

Banks including HSBC, TSB and Santander have increased the rates on mortgages to take advantage of the Bank of England's rise, adding £50 a month to the cost of a typical £250,000 loan

Manchester Evening News

Martin Lewis shares four banks where you can get up to £150 for free

Some offers are even available to existing customers

Benzinga

Morning Brief: Top Financial Stories Dominating on Wednesday, May 4

Reuters HSBC Kick Starts Its $1B Planned Share Buyback

Benzinga

HSBC Kick Starts Its $1B Planned Share Buyback: Reuters

HSBC Holdings plc (NYSE:HSBC) has launched its planned $1 billion share buyback Wednesday as it seeks to redeploy excess capital and reward shareholders. The bank has appointed Merrill Lynch International to conduct the process, which could see as many as 2 billion HSBC common shares canceled in a move that should boost average…

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