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Eleven banks develop trade finance app on R3's Corda DLT platform
App built following twelve months of development and testing, holds potential to improve trade flows, particularly for SMEs in developing economies.
Ian Allison Aug 07, 2017
Android malware posing as software update could drain your bank account
'Marcher' banking Trojan uses 'overlay' tactics to steal your credentials - and its evolving.
Jason Murdock Jun 23, 2017
Credit Suisse to cut 1,500 jobs in London due to mounting costs
The job cuts are part of restructuring drive that got underway at the bank in 2015.
Karthick Arvinth Jun 09, 2017
Family of Spanish skateboard hero criticise UK over wait to learn if he died on London Bridge
Spainard Ignacio Echeverria last seen lying on the pavement after fighting a jihadi knifeman with his skateboard.
IBT UK Contributor Jun 06, 2017
HSBC voice recognition security system duped by customer's twin brother
HSBC says its Voice ID system can analyse a customer's voice "in seconds".
Hyacinth Mascarenhas May 20, 2017
Major UK lenders' financials hint at a turnaround, but can investors bank on the sector again?
Banks have been rebuilding their balance sheets and returning to form – once again piquing equity investors' interest.
Michelle McGrade May 04, 2017
HSBC hails 'good results' despite 19% decline in profits
Pre-tax profits at Britain's biggest lender fall 19% in Q1 but adjusted profits climb 12%.
Dan Cancian May 04, 2017
Hackers using 'cybersquatting' tactics to spoof websites of UK's biggest banks
DomainTools found 110 fake HSBC websites were used in the cybercrime scam.
Jason Murdock May 03, 2017
HSBC confirms advisory mandate on bumper Saudi Aramco IPO
Global banking giant expected to advise Saudis on what's being tipped as the world's largest IPO.
Gaurav Sharma Apr 25, 2017
Transgender Day of Visibility: HSBC rolls out gender-neutral titles for customers
Bank unveiled 10 new prefixes available for customers who do not identify as either male or female.
IBT UK Contributor Mar 31, 2017
HSBC's new digital trade finance solution is NOT a blockchain
HSBC is working with Tradeshift, the cloud-based global commerce platform.
Ian Allison Mar 30, 2017
Is JP Morgan mulling over a new EU hub post-Brexit?
Report suggests US investment bank is checking out eight EU locations to move some of its operations from London.
Staff Reporter Mar 30, 2017
Lloyd's of London to set up Brussels subsidiary to secure EU access
Insurer will move 100 jobs from London to the Belgian capital, reports say.
Karthick Arvinth Mar 30, 2017
HSBC announces AIA's Mark Tucker as new chairman
Tucker, 59, will take over from Douglas Flint in October.
Karthick Arvinth Mar 13, 2017
Winners and losers: What did this week tell us about the state of Britain's high street banks?
A decade on from the financial crisis, which lenders have adjusted best to high-regulation landscape?
Roger Baird Feb 24, 2017
Lloyds sees profits more than double as PPI costs tumble but future is 'uncertain'
The bank said its PPI mis-selling costs fell by a quarter to £1bn last year.
Roger Baird Feb 22, 2017
Brexit 'does not shut the door on low-skilled workers': David Davis
Minister responsible for getting UK out of EU says it will take years before Britons can fill all the jobs Europeans are doing.
Brendan Cole Feb 22, 2017
HSBC sees profits tumble by 62% after being hit by 'unexpected economic and political events'
The largest lender in Europe said it was caught up by 2016's world events.
Roger Baird Feb 21, 2017
Lloyds to set up subsidiary in Berlin to retain access to Europe after Brexit
Lloyds operates a Bank of Scotland branch in the German capital.
Karthick Arvinth Feb 14, 2017
HSBC signals end to UK branch closure programme - by shutting another 62 branches
HSBC signals end to its UK branch closure programme in tandem with ongoing investing in its digital channels.
Gaurav Sharma Jan 24, 2017
Davos 2017: HSBC chief says a fifth of London staff may move to Paris after Brexit
HSBC prepares to beef up its Paris operations in a bid to maintain ability to trade smoothly across eurozone.
Roger Baird Jan 18, 2017
Davos 2017: HSBC warns a tough Brexit deal will hurt European economies
HSBC boss says access to cash will fall across Europe if the UK is handed a hard Brexit.
Roger Baird Jan 17, 2017
Deutsche Bank, HSBC and five other big banks form 'Digital Trade Chain' consortium
KBC, Natixis, Rabobank, Société Générale and UniCredit also signed a Memorandum of Understanding in Brussels.
Ian Allison Jan 16, 2017
City executives call for five-year transitional Brexit deal
LSE and HSBC bosses warn UK financial sector could lose tens of thousands of jobs if Britain leaves single market.
Dan Cancian Jan 10, 2017
HSBC, RBS and other high street banks have closed more than 1,000 branches in two years, study finds
The closures were attributed to more customers going online and post offices offering banking services.
Kedar Grandhi Dec 14, 2016
HSBC profit slumps by 86% as it books loss on Brazilian bank sale
Europe's largest bank saw profit fall as it sells units, cuts staff and focuses on Asian markets.
Roger Baird Nov 07, 2016
Watford manager Walter Mazzarri attempts to dismiss controversy ahead of Liverpool clash
Allegations of a forged bank letter continue to hang over the club as playing duties resume.
Nick Howson Nov 04, 2016
Big bank de-risking trend poses serious threat to UK fintech companies
Tony Craddock of the Emerging Payments Association discusses shortage of transaction banking services for fintechs and non-bank payments companies.
Ian Allison Oct 21, 2016
Lloyds Bank gives fraudsters the 'audio fingerprint' in bid to boost biometric security
The voice biometric technology analyses over 100 "unique features" in real-time.
Jason Murdock Oct 11, 2016
HSBC unveils plans to cut small business charges by £13m as fintech start-ups chase these clients
Big banks under pressure from regulators and new financial services firms to cut charges to small businesses.
Roger Baird Oct 04, 2016
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