Tag: HSBC

HSBC, in partnership with Arabesque AI, has announced the launch of a pioneering ESG Index backed by artificial intelligence (AI).

When talking about millennials, it is easy to think they are still quite young; however, some of those in the generation are already in their 40s. This is the perfect age for wealth managers to be onboarding them as clients, but have some firms missed the boat?

The CMA has issued provisional findings indicating potential collusion among five significant banks on the trading of UK government bonds. 

Following the collapse of Silicon Valley Bank (SVB), UK financial institution major HSBC has reportedly acquired Silicon Valley Bank UK (SVB UK) for £1.

Armalytix, which streamlines data collection and intelligence for AML checks, has reportedly raised $1m in funding.

FinTech firm Monese has secured a $35m investment from HSBC, bringing the total raised by the firm to $208m.

Funding Societies, which claims to be Southeast Asia's largest small and medium enterprises (SME) digital financing platform, has secured a $50m credit facility.

Sharia-compliant ethical investing platform Wahed has received $50m in its Series B funding round as it plans to launch an ethical neobank.

HSBC has launched a Female Entrepreneur Fund which will provide $1bn in lending to female-owned business over the next 12 months.

HSBC Insurance has completed the acquisition of 100% of the issued share capital of AXA Insurance in Singapore, for $529m.