Tag : HSBC

HSBC Bank Canada Appoints New Chief Financial Officer
Banking News

HSBC Bank Canada Appoints New Chief Financial Officer

Fintech News Desk
by Fintech News Desk0
HSBC Bank Canada has appointed Daniel Hankinson Chief Financial Officer succeeding Gerhardt Samwell who left HSBC in July to pursue other opportunities. Dan is expected to start in the role in September 2022. Kevin Nichols, the Bank’s Vice President and Canada Head of Asset Liability and Capital Management is Acting......
Finastra and HSBC collaborate to bring Banking as a Service FX capability to mid-tier banks
Banking News

Finastra and HSBC collaborate to bring Banking as a Service FX capability to mid-tier banks

Fintech News Desk
by Fintech News Desk0
The move will enable banks to embed market-leading FX services directly into corporate and branch channels Finastra and HSBC announced that they are working together to distribute HSBC’s FX services via Finastra’s FusionFabric.cloud platform under a Banking as a Service (BaaS) experience. This collaboration will take advantage of the best elements of modern......
Rivulis Announces a US$250 Million Financing Package led by HSBC with Leading Global Financial Institutions
Banking News

Rivulis Announces a US$250 Million Financing Package led by HSBC with Leading Global Financial Institutions

Fintech News Desk
by Fintech News Desk0
Rivulis Pte. Ltd. (“Rivulis”) announced that it has signed definitive agreements with 5 banks for the financing of its current and future debt for an amount of up to US$250,000,000. The syndication was led by HSBC, with the participation of the State Bank of India (India), Rabobank (Netherlands), Leumi Bank (Israel) and......
Citizens Financial Group Completes Acquisition of Investors Bancorp
Banking Investment Services News

Citizens Financial Group Completes Acquisition of Investors Bancorp

Fintech News Desk
by Fintech News Desk0
Citizens Financial Group, Inc announced the closing of its previously announced acquisition of Investors Bancorp, Inc. (“Investors”). “We are pleased to welcome more than 1,600 Investors colleagues to the Citizens family. Together we will drive future growth and deliver long-term value for all our stakeholders.” The acquisition of Investors, along......
HSBC Working with IBM to Accelerate Quantum Computing Readiness
Banking News

HSBC Working with IBM to Accelerate Quantum Computing Readiness

Fintech News Desk
by Fintech News Desk0
Bank envisions application of quantum capabilities for priorities such as pricing and portfolio optimisation, sustainability, risk and fraud HSBC and IBM announced that they will work together on exploring applications for quantum computing in financial services. The new three-year collaboration is designed to bolster HSBC’s expertise in quantum computing and ensure......
HSBC and Overhaul Announce Venture Debt Financing to Fund Future Growth and Expansion Globally
debt collection News

HSBC and Overhaul Announce Venture Debt Financing to Fund Future Growth and Expansion Globally

Fintech News Desk
by Fintech News Desk0
Overhaul, the industry’s first and only software-based, supply-chain visibility, integrity, and security solution for leading enterprises shipping freight globally, announced that HSBC Bank USA has provided financing to support innovation and growth ambitions into new, global markets. As Overhaul continues to expand within the supply chain space, the company was drawn......
Wazoku Secures $2 Million in Growth Financing From SaaS Capital
Finance News

Wazoku Secures $2 Million in Growth Financing From SaaS Capital

Fintech News Desk
by Fintech News Desk0
SaaS Capital, the leading provider of growth debt to software-as-a-service (SaaS) companies, announced that it has provided a $2.0 million line of credit to Wazoku. “As we continue to invest in building our market-leading products and global team to drive innovation at scale outcomes for global brands, we are delighted......
HSBC And IBM Successfully Design And Test Interoperable Multi-Ledger CBDC, Securities And Foreign Exchange Settlement Capability
Currency Exchange Digital Wallet News

HSBC And IBM Successfully Design And Test Interoperable Multi-Ledger CBDC And Foreign Exchange Settlement Capability

Fintech News Desk
by Fintech News Desk0
Initiative is the Latest Innovation Resulting from Groundbreaking CBDC Experimentations Led by Banque de France HSBC and IBM announced the successful test of an advanced token and digital wallet settlement capability encompassing direct transactions between two central bank digital currencies (CBDC) in a hybrid cloud environment. Several previous initiatives have......
Wells Fargo and HSBC Establish Bilateral Agreement To Settle FX Transactions Through a Blockchain-based Solution
Blockchain News

Wells Fargo and HSBC Establish Bilateral Agreement To Settle FX Transactions Through a Blockchain-based Solution

Fintech News Desk
by Fintech News Desk0
Strategic agreement between the two companies optimizes settlement of foreign exchange transactions and reduces settlement risk Wells Fargo & Company and HSBC Bank plc announced an agreement to use a blockchain-based solution for the netting and settlement of matched foreign exchange (FX) transactions. Through this agreement, Wells Fargo and HSBC will......
HSBC Asset Management Announces Changes to Its Mutual Fund Series
Banking Fintech News

HSBC Asset Management Announces Changes to Its Mutual Fund Series

Fintech News Desk
by Fintech News Desk0
HSBC Global Asset Management (Canada) Limited, manager of the HSBC Mutual Funds, announced changes to its mutual funds. The changes include a new D series and capping of its Manager series to new investors. New D series units HSBC Global Asset Management (Canada) Limited has today announced the launch of......
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