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The Latest Breaking News from HSBC

HSBC unveils Innovation Banking arm centred on former Silicon Valley Bank UK business

'The UK’s world-leading technology and life sciences sectors are central to growing the UK economy'

Birmingham Post

Mortgage mayhem: NatWest increases rates as Santander temporarily pulls some deals – as it happened

Bank of England policymaker Jonathan Haskel says interest rates may need to rise higher, as mortgage providers raise rates or withdraw deals

The Guardian - UK

Your options if your bank including Lloyds, Halifax, NatWest and HSBC is shutting its doors in the North East

Seventeen North East communities so far are losing their branches in 2023 as more people opt to use online services

Chronicle Live

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Martin Lewis' MSE urges bank customers to claim over £200 free cash with simple switch

The MoneySavingExpert team shared deals from First Direct, NatWest, Lloyds and HSBC where customers can get hundreds when they 'ditch and switch'

Chronicle Live

Labour says ‘Tory mortgage penalty’ costs homeowners extra £7,000 a year

Opposition finds fallout of Liz Truss mini-budget has raised average mortgage interest payments by £150 a week in two years

The Guardian - UK

HSBC UK reopens broker channel for mortgages

Increased lender rates across the market resulted in significant demand for the bank’s products.

The Independent UK

Mortgage rate panic causes home purchases to fall through as HSBC pulls loans

Yesterday afternoon HSBC became the latest top player to pull its loans

Evening Standard

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HSBC pulls mortgage products and Nationwide hikes deals over fears of rate rises

HSBC has removed its "new business" residential and buy-to-let products, while Nationwide increased its fixed rates as well as reducing some rates on trackers

Daily Mirror

Mortgage turbulence continues as HSBC pulls deals; UK house prices ‘to fall 10%’ – business live

HSBC temporarily removes mortgage products for new customers, as borrowers face higher rates

The Guardian - UK

HSBC temporarily withdraws mortgage deals for new borrowers

Bank removes all its ‘new business’ residential and buy-to-let products after surge in demand

The Guardian - UK

Dow Jones Rallies As Boeing Nears Entry; Here's Why GameStop Is 'Doomed' Despite Ryan Cohen Move

The Dow Jones rose as Boeing stock moved toward an entry. GameStop stock cratered amid a Ryan Cohen move. Amazon stock popped.

Investors Business Daily

HSBC pulls mortgage products for new borrowers ahead of rates hike

Nationwide Building Society is hiking some fixed rates from Friday while HSBC UK has temporarily removed some products before relaunching on Monday

The Independent UK

More pain for home buyers as Nationwide hikes mortgage rates HSBC deals disappear

It's more bad news for people buying or remortgaging

Wales Online

Mortgage rates hiked and products temporarily withdrawn by lenders - OLD

Nationwide Building Society is hiking some fixed rates from Friday while HSBC UK has temporarily removed some products.

The Independent UK

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Bristol Post

Martin Lewis' Monday Saving Expert shares how NatWest and HSBC will give new customers £200 free cash

Banks including First Direct, NatWest, HSBC and Lloyds are offering people money to switch to them

Evening Standard

OPINION - Britain is the sick man of the West on inflation and now faces bitter medicine

First, the good news. Inflation is heading lower. US inflation peaked at 8.5 per cent late last year and is now running at around five per cent. Eurozone inflation peaked at 10.6 per cent and is now down to 6.1 per cent. UK inflation peaked at more than 11 per…

Daily Record

Man locked down in bank after trying to withdraw £15,000 from account amid row with staff

Police raced to a HSBC bank in Huddersfield town centre last Friday at around 11.35am over reports of an incident involving a male customer.

Daily Record

Full list of bank branches due to close before end of this year including 16 across Scotland

Nearly 70 branches of Bank of Scotland, RBS, Barclays, Lloyds, Halifax and HSBC are closing across the UK.

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The Guardian - UK

HSBC increases interest rates on some savings accounts

Rises of up to 0.75 percentage points follow increases at First Direct

Manchester Evening News

HSBC customers to get savings boost as bank makes big changes next week

The bank chain will increase interest rates on some saving accounts with increases of up to 0.75 percentage points

The Independent UK

Banks set out plans to hike savings rates next week

Savers languishing on poor savings rates have been urged to ditch and switch to find a better deal.

Birmingham Post

Bristol and Bath businesses adapt strategies for growth, according to HSBC

Bank says a third of UK businesses plan to adapt their strategies to navigate financial challenges over the next six months

Liverpool Echo

Four-floor cannabis farm found in former HSBC bank

Police found 275 cannabis plants in the former bank building

Birmingham Post

Welsh upholstery firm buys hotel following HSBC funding package

Lyn Morgan Furnishings has moved from rented premises in south Wales to the Elan Valley in mid-Wales

Chronicle Live

Whitley Bay HSBC branch could be given new lease of life as flats

Fears of a derelict building in Whitley Bay town centre may be quelled if the development goes ahead

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