The Hongkong and Shanghai Banking Corporation Limited
Recent events
Recent events tied to this brand in public sources.
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2026
HSBC apologises and clarifies online banking terms
HSBC apologised after customers objected to terms that appeared to restrict the use of its online and mobile banking services outside Hong Kong. It clarified that customers could continue accessing the services outside Hong Kong and that it had no plans to amend them.
2026
Google Hong Kong launches ShareJoy campaign
Google Hong Kong introduced the ShareJoy campaign and created the HO JENG AR app, which uses augmented reality and features six characters for users to interact with and capture in images around Hong Kong. The campaign includes offers at participating venues and brands, with HSBC as a supporting partner.
2026
HSBC launches RedCoin on PayMe
HSBC launched its first stablecoin, HSBC RedCoin, on PayMe for users to make personal and merchant payments.
2026
HSBC launches 24/7 account-opening self-service machine in Malaysia
HSBC launched a 24/7 self-service machine in Malaysia for identification and verification as part of its account-opening service. Customers can open accounts using digital forms and complete biometric verification at select HSBC branches.
2026
HSBC launches RedCoin on PayMe
HSBC debuted RedCoin, its first stablecoin, on PayMe. The Hong Kong dollar token lets customers send money and pay at more than 100,000 merchants; more than 3.3 million PayMe users can activate a stablecoin wallet in the app.
2026
HSBC launches RedCoin stablecoin for Hong Kong payments
HSBC launched RedCoin, its Hong Kong-dollar stablecoin, for transfers and merchant payments through the PayMe app.
2026
Google Cloud resolves UK service disruption
Google Cloud said it resolved a disruption at its UK cloud site caused by a power event. The outage disrupted services including Revolut, which said its services were fully restored.
2026
Asus secures US$2 billion syndicated loan
Asus secured a US$2 billion syndicated loan arranged by HSBC through its wholly owned Singapore subsidiary to support its operations and expansion, including its AI push. HSBC said strong lender demand enabled the facility to be upsized to US$2 billion.
2026
LANDMARK launches Destination CENTRAL district-wide programme in Hong Kong Central
On 9 October 2026, LANDMARK unveiled Destination CENTRAL, a district-wide programme inviting local residents and international visitors to rediscover Central, Hong Kong through the collectible Central Passport, travel-inspired activations in partnership with Hong Kong Tramways and Asia Miles, dining privileges from more than 40 participating partners, a Louis Vuitton mega-art installation and pop-up at LANDMARK, the THE CHATER dining concept, and a Halloween in Central programme from 17 to 31 October presented by Hongkong Land with support from the Hong Kong Tourism Board, alongside HSBC-exclusive offers for BESPOKE members from 28 September to 18 November 2026.
2026
HSBC plans job cuts across UK wealth business in AI push
HSBC plans to cut jobs across its UK wealth business as part of a push into artificial intelligence, according to a Financial Times report carried by Reuters.
2026
UK high street lenders repeatedly raise fixed mortgage rates during September 2026
According to Moneyfacts, the biggest UK high street lenders made repeated fixed-rate mortgage increases during September 2026: Barclays increased selected fixed rates on four occasions, while HSBC, Lloyds Bank, Nationwide, NatWest, Santander and TSB each made three rounds of increases. The moves pushed the average rate on a new five-year fixed deal to 6%, its highest since September 2023, and the average two-year fixed rate to 5.98%.
2026
Ant International launches upgraded Falcon Time-Series Transformer Model 2.0 adopted by global banks
Ant International, a unit of Ant Group, launched an upgraded AI model, the Falcon Time-Series Transformer Model 2.0, designed for financial scenarios. The company said it has partnered with six major banks including Citi, HSBC, Deutsche Bank, Standard Chartered and Barclays, and that precise forecasting can cut FX hedging and allocation costs by more than 60%.
2022
HSBC announces Billericay branch closure plan
HSBC announced that it plans to close its High Street branch in Billericay later in 2022. The article reports that MP John Baron is campaigning to save the branch and has written to HSBC's chief executive asking it to change the decision.
2022
HSBC partners with The Sandbox on a metaverse presence
HSBC and The Sandbox agreed to a partnership under which HSBC will buy a space in The Sandbox virtual world to attract users interested in sports.
2022
UPL Corporation raises $700 million sustainability loan
UPL Corporation raised a $700 million sustainability loan from international banks. The proceeds will be used to repay part of debt incurred to fund its 2019 acquisition of Arysta Life Sciences.
2022
HSBC launched My Calendar App in Bangladesh
HSBC launched HSBC My Calendar App in Bangladesh. The app provides a 2022 calendar in Bangla and English with events and occasions.
2021
HSBC fined for anti-money-laundering failings
British regulators fined HSBC £64 million over failings in its UK anti-money-laundering processes. The FCA said weaknesses in transaction-monitoring systems spanned March 31, 2010 to March 31, 2018; HSBC did not dispute the findings.
2021
FCA fines HSBC unit £64 million over AML failings
The Financial Conduct Authority fined a U.K. unit of HSBC Holdings £64 million after finding serious weaknesses in automated transaction-monitoring processes. The FCA said HSBC Bank failed to comply with money-laundering regulations between 2010 and 2018. HSBC said it was pleased to resolve the matter and had invested in new monitoring technologies.
2021
HSBC appoints Greg Hingston global CEO of HSBC Life
HSBC announced Greg Hingston's appointment as Global CEO of HSBC Life and Insurance Partnerships, effective January 1, 2022. He will succeed Bryce Johns, who is leaving to pursue an opportunity outside HSBC.
2021
Talkative Parents users gain bank-backed school-fee payment plans
Yara Technologies' Talkative Parents platform users can use Easy Payment Plans when paying school fees with credit cards from 10 partner banks.