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The Latest Breaking News from HSBC

This Sydney Bloke Woke Up To A Rogue $105K In His Bank Account Thanks To A Mystery Fuck-Up

"I'm surprised at how easy it is to transfer $100k."

Pedestrian.tv

Canary Wharf is big enough to ride out HSBC’s exit

City Comment: The citadel that rose from the ruins of Docklands is not going anywhere

Evening Standard

Despite HSBC blow, Canary Wharf’s future stays bright

City Voices: Canary Wharf will keep transforming

Evening Standard

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Banks under fire as HSBC profits surge while borrowers are squeezed

The chair of the Treasury Committee said the latest figures show major lenders are not sufficiently passing on higher interest rates to savers

The Independent UK

HSBC more than doubles profits as interest rates soar

Bank says it earned £17bn in first half and will hand more money back to shareholders

The Guardian - UK

UK house prices fall at fastest annual rate for 14 years

The price of a typical home is now 4.5 per cent below the August 2022 peak

Evening Standard

HSBC profits double but it warns 'tougher time’ on the way

HSBC poured fuel on the row about bank profits today with stonking profits of nearly £17 billion in just the last six months.

Evening Standard

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FTSE 100 Live: Shares slip, Nationwide house prices down, BP profits fall but dividend up

Shareholders of BP, HSBC and Diageo can expect more big dividends after the trio of FTSE 100 heavyweights posted results today.

Evening Standard

UK recession fears swirl as factory output falls and house prices slide – as it happened

Nationwide reports average house prices fell 3.8% in year to July, biggest annual drop in 14 years, while manufacturers suffer worst month of 2023

The Guardian - UK

Recession fears as house prices slump and manufacturers suffer worst month since lockdown

Price of a typical home is now 4.5 per cent below the August 2022 peak

The Independent UK

UK house prices fall at fastest annual rate in 14 years

The price of a typical home is now 4.5% below the August 2022 peak, Nationwide Building Society said.

The Independent UK

Banks with lowest savings rates to face ‘robust action’, warns UK financial watchdog

FCA gives banks four weeks to justify savings rates as it lays out 14-point plan to monitor treatment of customers

The Guardian - UK

Where were Nigel Farage and his defenders when Muslim bank accounts were shut down?

Establishment voices outraged by his ejection from Coutts were silent when charities were falsely linked to terrorism, says Miqdaad Versi of the Muslim Council of Britain

The Guardian - UK

Big UK lenders cut fixed mortgage deals in sign rates may be close to peaking

Moves by Nationwide, HSBC and TSB come after fall in inflation eases fears over future interest rate rises

The Guardian - UK

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Evening Standard

Homeowners hope mortgage rates have peaked as Nationwide becomes biggest lender yet to cut prices

Nationwide joins HSBC and Barclays among top lenders in lowering its rates

The Guardian - UK

What is Tottenham Hotspur billionaire Joe Lewis accused of?

Joe Lewis has been accused of 16 counts of securities fraud in the US. We examine the allegations through the companies he invested in

Evening Standard

Fresh hope mortgage mayhem is ending as HSBC becomes first major lender to cut rates

It follows last week’s long-awaited good news on the cost-of-living crisis, when the rate of inflation fell more quickly than expected

The Independent UK

HSBC, Nationwide and TSB failed to send transaction histories to some customers

The providers breached a requirement that payment transaction histories should be provided to customers when they close their account.

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The Guardian - UK

What do you get if greed is rife, government stupid and planning abused? Canary Wharf and other such horrors

As big firms exit what came to be a symbol of the office age, we can finally start thinking about building truly civilised cities, says Guardian columnist Simon Jenkins

The Independent UK

Tech-savvy UK businesses to invest in AI to replace staff and cut costs – HSBC

British businesses are looking to better use technology to cut costs, HSBC found in its latest survey of 500 firms.

The Guardian - UK

FCA warns it will crack down on banks that fail to pass on savings rates

Nikhil Rathi tells Treasury committee there are ways to assess whether customers are being treated fairly

The Guardian - UK

UK investors backtrack on support for climate resolution at oil firms’ AGMs

Asset management firms accused of sacrificing climate action by voting against shareholder resolution at Chevron and ExxonMobil

The Independent UK

UK’s biggest mortgage lenders in 2022 ranked

Lloyds Banking Group has held its position as the UK’s biggest mortgage lender but some providers moved up or down the tables.

The Guardian - UK

HSBC set off a scam alert over my John Lewis Partnership credit card

It claimed it had been transferred, and asked me to set up a direct debit

The Guardian - UK

Revealed: shares held ‘in secret’ by scores of MPs raise questions about vested interests

Exclusive: MPs found to hold ‘in effect secret’ stock in listed firms from banks to housebuilders

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