British bank and financial services group HSBC is to shut down parts of its investment banking operations in the UK, Europe and the United States as bosses continue their overhaul of the company, ...
A major UK-based bank is set to scale back certain parts of its banking operations in the UK, Europe, and the Americas as ...
HSBC is set to shutter its equity capital markets and M&A business in the U.K., Europe and the Americas in a pullback from investment banking as the bank looks to cut costs under new chief executive ...
The failed Zing initiative represents a cautionary tale about why some traditional banks struggle to innovate successfully ...
HSBC to shut down its international money app, Zing, just a year after it launched in the UK. Zing, which aimed to simplify ...
Major universal bank HSBC has recently announced the closure of its Zing app just a year after its launch, potentially ...
Zing’s failure highlights the pitfalls of chasing Fintech disruptors. It serves as a cautionary tale: traditional banks must ...
Zing, which was set up by James Allan, HSBC's head of foreign exchange and international payments, had an accompanying debit card that ensured users could hold funds in more than 10 currencies.
HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with ...
HSBC is shutting down its global payments app Zing a year after launch, putting hundreds of jobs at risk, as the global bank continues to overhaul its structure. The bank’s chief executive has ...
Fintechs like Revolut and Wise are built for scale and are willing to risk short-term profits for long-term growth. Zing’s ...
HSBC’s (HSBC) international payment app Zing, launched in 2024, is about to close down, according to the Financial News’ Lars Mucklejohn.