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Mortgage Strategy 05/21/2020 09:46
HSBC has cut mortgage rates on a range of deals by 5 basis points with its cheapest two-year fixed now at 1.14 per cent. While TSB has a two-year fix for remortgage at 1.09 per cent available through selected brokers, HSBC’s newly-reduced deal is the lowest rate currently available for purchase, according to Moneyfacts. The […]. .
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Noel Quinn, group chief executive, HSBC, says: “At HSBC we have a long history of connecting markets with opportunities and we recognise that economic growth must be sustainable over the long term.
More from Institutional Asset Manager (UK): 05/20/2020 07:30
HSBC and IFC emerging market green bond fund raises $474 mln.
More from 05/20/2020 00:02
HSBC sees double-digit wealth asset growth in Asia by 2023.
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FP Trading Desk (Canada) 05/19/2020 23:45
HONG KONG — HSBC Holdings PLC expects to achieve double-digit asset growth in its newly combined wealth business in Asia Pacific in the next three years, as it looks to grab a bigger share of the growing rich population, the unit’s regional head told Reuters.
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As exporters, banks and fintechs alike scramble to keep business going, Natalie Blyth, global head of trade and receivables finance at HSBC, gives GTR her perspective on the crisis, outlining her concerns as well as what she feels most optimistic about as the world looks forward to the new normal post-pandemic.
More from Global Trade Review (GTR) (EU):
Business Wire 05/18/2020 11:00
The current economic environment presents a unique challenge to every American, and we want to help ease the burden in the communities where we live and work,” said Michael Roberts, President and CEO of HSBC USA.
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Finextra Research (EU) 05/18/2020 04:43
Mileage redemption Customers are only required to connect their mileage membership accounts with HSBC Reward+ once and can then convert RewardCash into mileage in future occasions.
More from Finextra Research (EU): 05/15/2020 11:31
Image source: HSBC. SINGAPORE (Reuters) - Europe’s biggest bank, HSBC has cut already bleak global growth forecasts even further, as lockdown restrictions extended through April and tentative economic re-openings drag on a return to business, trade and spending. The bank lowered its 2020 global gross domestic product forecast to a contraction of 4.8%, according to a note from chief economist Janet Henry dated May 12 and published on Friday. It had forecast a 3.3% contraction for the year in early April.
Zero Hedge 05/14/2020 12:10
This means that during April, HSBC used nearly 46 tonnes of gold stored in the Bank of England gold vaults to add to the SPDR Gold Trust, instead of using gold at HSBC’s own commercial London vault.
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