The Latest Breaking News from HSBC

High street banks like HSBC, Lloyds and Nationwide are offering up to £170 for people switching current account, but beware as some of the deals have strings attached

Acme United Corp (NYSE:ACU) said it has renewed and increased its loan facility with HSBC Bank N.A. The agreement provides for borrowings up to $65 million (an increase of $15 million) at an interest rate of SOFR (Secured Overnight Financing Rate) of 1.75%. The loan facility will expire on May 31, 2026. The…

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

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

It says they don't get enough custom

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

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

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

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