UK

Standard Chartered invests in financial tech platform United Fintech

The bank has been granted board observer rights and a rotational board seat.

Standard Chartered invests in financial tech platform United Fintech

The bank has been granted board observer rights and a rotational board seat.

Citi ceasing operations in Haiti

The bank said that it will voluntarily surrender its banking license.

Japan’s MUFG invests $5.9m in Hitachi to launch 1,000 e-buses in the UK

The two will make business models enabling operators to clinch EV funding.

HSBC profit before tax is $30.3b in 2023

But the bank also had a $3b impairment charge related to the Bank of Communications.

Japan’s SMBC Group launches UK commercial banking subsidiary

It’s head office is located at 100 Liverpool Street, London.

HSBC sells Canadian banking operations to Royal Bank of Canada for $10.1b

The bank expects to generate an estimated pre-tax gain of $5.7b.

HSBC to close 114 branches in the UK

Some of the closing branches serve less than 250 customers a week.

Weekly Global News Wrap: HSBC sells Russia business to Expobank; Julius Baer to freeze hiring

And HSBC’s UK unit plans to stop collecting gender data as part of inclusivity push.