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HSBC is not replacing all recently departed staff. Instead, certain departments have been instructed to pause hiring altogether.

European banking giant HSBC is reportedly slowing hiring and asking investment bankers to reduce expenses. It’s part of an effort by CEO Noel Quinn to reduce costs as banks around the world anticipate interest rate cuts, Bloomberg reported…

The average customer spends £250 per person more on average when abroad than at home, with the UK branded a nation of "splurgers" by the high street bank.

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HSBC is slowing down hiring and asking investment bankers to rein in their travel and entertainment expenses as outgoing Chief Executive Officer Noel Quinn looks to curb costs at Europe’s largest lender.

A dental prosthetics manufacturer has taken ownership of the laboratory it had been renting with support from HSBC UK creating six new jobs.

Barclays and Virgin Money customers have also been affected

People have been seeing bills go out of their accounts without their pay going in

A technical glitch in the UK's Faster Payments system disrupted payday for thousands of customers, prompting complaints and apologies from major banks like HSBC, Barclays, and Nationwide.

The HSBC banking app and website stopped working on Friday morning leaving people unable to access their finances

HSBC today become the latest bank to apologise to customers after some were left locked out of their online banking on what is pay day for many workers in Britain.

HSBC said customers should now be able to view their transactions after payment issues had affected multiple banks

According to the website DownDetector, more than 6,000 people reported issues with their HSBC accounts on Friday morning with the banking giant unable to fix the issue until later in the afternoon

HSBC, Virgin Money and Nationwide customers have been left unable to access online and mobile banking services on what is commonly pay day for many workers across the UK

Customers have experienced payment issues at large UK lenders today as they worked to resolve the issue

Get latest articles and stories on Latest News at LatestLY. The RBI on Friday said it has imposed a penalty of Rs 29.6 lakh on The Hongkong and Shanghai Banking Corporation Limited (HSBC) for non-compliance with certain directions related…

HSBC , Virgin Money, Lloyds Bank, Barclays and Nationwide all appear to be affected by issues hitting their apps.

The banks involved have issued apologies as thousands are unable to access their money