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SAN FRANCISCO--(BUSINESS WIRE)--HSBC Asset Management (HSBC AM) has appointed Pete Scott as Head of Innovation Credit as the business extends its alternatives credit capabilities through the development of its venture debt strategy. The new capability is being developed in partnership with HSBC Innovation Banking, which has become one of the most active providers of venture debt across the mark...

HSBC on Monday said Celine Herweijer has taken the decision to step down as group chief sustainability officer, weeks after a management reshuffle which saw her role removed from the bank's executive committee.

HSBC has stopped processing all payments from Russia or Belarus for personal banking customers, a spokesperson for the bank confirmed on Friday.

HSBC has appointed former Citi banker Emily Turner as CEO of its Innovation Banking UK arm, the tech-focused business unit which it created following its acquisition of the British business of failed U.S. lender Silicon Valley Bank.

HSBC Holdings PLC (LSE:HSBA) is reintroducing its Premier wealth banking brand in the UK, focusing on "mass affluent" clients with £100,000 to £2 million available for investment, according to Reuters, citing José Carvalho, head of UK Wealth and Personal Banking. The updated Premier service provides 24/7 customer support, financial planning tools, and lifestyle benefits, including travel perks.

NEW YORK--(BUSINESS WIRE)--HSBC and the National Community Reinvestment Coalition (NCRC) announced a four-year, $25 million community growth initiative today, as part of HSBC's broader strategy to drive responsible banking practices and promote financial equity across its U.S. footprint and designed to address concerns raised by NCRC. The partnership, which begins January 2025, aims to expand e...

HSBC is relaunching its 'Premier' wealth banking brand in Britain, targeting so-called mass affluent customers who have between 100,000 and 2 million pounds ($2.5 million) to invest.