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#HSBC

3 stories tagged HSBC, newest first.

Monday, October 26, 2026

HSBC just put a stablecoin in 3.3 million wallets: what RedCoin is, and what it is not
HSBC switched on RedCoin, a Hong Kong dollar stablecoin, on 23 October for more than 3.3 million PayMe users and over 100,000 merchants. It runs on a private ledger, pays no yield and is not covered by deposit protection.
Positioning7 min read

Friday, October 23, 2026

Citi and HSBC back a Singapore startup that checks who you are paying before the money leaves
Singapore fintech IPID has raised 16 million dollars in a Series A led by Foundation Capital, with Citi and HSBC joining. Its account verification network targets one of finance's costliest problems: money sent to the wrong person.
Positioning7 min read

Thursday, October 22, 2026

HSBC reportedly plans to cut nearly 70 percent of its UK wealth advisers for AI, and Asia's bankers are watching
HSBC is reportedly planning to cut about half of management and specialist roles in its UK wealth business and nearly 70 percent of its advisers as part of an AI push. The bank is also opening an AI centre in Singapore.
Positioning7 min read