Latest HSBC News

Business 14 January 2021

UK banks ban digital currency deposits: report

Banks such as HSBC have reportedly introduced measures that prevent transfers from digital currency exchanges to their accounts, effectively preventing speculators from cashing out any gains.

Tech 15 February 2019

HSBC slashes forex costs with blockchain

The firm confirmed it had reduced costs for its forex business by as much as 25%, in what analysts describe as an example of the importance of distributed ledger technology to banks and their bottom lines.