News list for "HSBC"
According to a statement dated September 22, HSBC Holdings has launched a tokenized deposit service to support its corporate customers in making secure cross-border transfers. HSBC said the first customer to use the service was Ant International. (Jin Ten)
HSBC Holdings has launched a tokenised deposit service to support secure cross-border transfers for its corporate clients. The UK bank used blockchain technology to complete the first cross-border US dollar transaction between Hong Kong and Singapore this month. HSBC said the cross-border deal builds on its existing onshore payments product, which launched in Hong Kong and Singapore earlier this year before expanding to the UK and Luxembourg to support other currencies including the pound and th...
HSBC said it still expects the Federal Reserve to cut interest rates by 75 basis points in 2025.
HSBC forecasts that the S & P 500 index will target 6,700 points by the end of 2025.
HSBC said it expected the S & P 500 to target 6,700 by the end of 2025.
On November 29th, it was reported that HSBC will withdraw from its credit card business in China. The bank has stopped issuing new cards and is trying to scale back the services it provides to most customers in China. According to people familiar with the matter, HSBC has previously tried unsuccessfully to sell the business and now plans to end the business and may continue to provide credit card services to a small number of high-end customers. In a statement to the media, an HSBC spokesperson ...
TradFi giant HSBC is participating in Hong Kong's e-HKD pilot by creating tokenized HKD cash deposits on Polygon PoS. They are also developing HSBC Pass, a decentralized identity solution that won the Red Dot Award for 2024.
HSBC is participating in Hong Kong's Electronic Hong Kong Dollar (e-HKD) pilot program by creating tokenized Hong Kong dollar cash deposits on the Polygon PoS blockchain. HSBC has also developed HSBC Pass, a decentralized identity solution that won the Red Dot Design Award 2024.
