HSBC quits Bank@Post 06 March 2024 3:59AM Latest news Ian Rogers HSBC is pulling out of Bank@Post and Post Billpay, with effect from 11 April. read more
Pepper buys HSBC's NZ mortgage book 04 September 2023 4:24AM Latest news John Kavanagh Pepper Money continues to look for diversification opportunities to offset difficult conditions in the Australian mortgage market, announcing on Friday that it will buy HSBC Bank’s New Zealand mortgag.. read more
HSBC Australian arm reports profit rebound 04 April 2023 5:36AM Latest news George Lekakis A surge in net interest income and fee revenue propelled HSBC Bank Australia to a stronger bottom line in 2022. read more
Briefs: AP and Coles partner, new HSBC director, NAB prices MTNs 10 March 2023 5:23AM Latest news Banking Day staff Australian Payments Plus has formed a strategic partnership with retailer Coles to develop a bespoke digital wallet based on the AP+ Beem technology. read more
HSBC launches multi-airline frequent flyer credit card 24 November 2022 5:44AM Latest news John Kavanagh HSBC Australia has launched what it claims is a first for the Australian market – a Visa rewards credit card linked to a global airline alliance. read more
Briefs: New HSBC CEO, Rickard joins AFCA board, NHFIC opens the door for ANZ and Westpac 27 July 2022 6:04AM Latest news Banking Day staff Antony Shaw has been appointed chief executive of HSBC Bank Australia. read more
Briefs: APRA pay bonus, New HSBC head of global banking, Westpac mortgage rate changes 28 March 2022 5:59AM Latest news Banking Day staff APRA is underscoring the war for talent in banking, with a four per cent salary bonus forthcoming for all staff. read more
HSBC still “working with AUSTRAC” on AML fix 30 March 2021 6:27AM Latest news George Lekakis HSBC Bank Australia says it is continuing to cooperate with domestic anti-money laundering regulator AUSTRAC over its failure to report high value transactions involving offshore financial institution.. read more
Kudos for banks in Crown report 16 February 2021 5:47AM Latest news Tom Ravlic Former Supreme Court judge Patricia Bergin’s report into Crown details the proactivity of banks to try to better understand how the accounts operated as the pipeline between overseas customers and the.. read more
HSBC makes sustainability push 07 October 2020 5:50AM Latest news John Kavanagh HSBC Bank Australia is making its ‘green products’ and sustainability-linked loans available to a wider range of commercial customers, saying it is responding to growing demand. read more
HSBC issues RMBS on tight margin 14 September 2020 5:33AM Latest news John Kavanagh HSBC Bank Australia has raised A$1 billion of funding, following the completion last week of an issue of residential mortgage-backed securities, Lion Series 2020-1 Trust. read more
HSBC discloses AML breaches to AUSTRAC 08 April 2020 4:03PM Finance regulation George Lekakis The Australian arm of HSBC Bank has launched an anti-money laundering remediation program to fix holes in its record-keeping and reporting of cross-border transactions. read more
HSBC posts record Australian profit 08 April 2020 4:02PM Foreign Subsidiary Bank George Lekakis As most of the country's leading retail banking franchises bumbled through 2019, HSBC Bank Australia hit an earnings sweet-spot. read more
HSBC's Aussie staff brace for job cuts 08 October 2019 5:29PM Foreign Subsidiary Bank George Lekakis Around 2000 staff employed in HSBC's Australian banking business are waiting for the company to clarify the local impact of a global cost reduction program that was flagged to British news outlets on.. read more
Liquidity slip traps Rabo, HSBC and Macquarie 25 July 2019 4:31PM Finance regulation John Kavanagh APRA has told Macquarie Bank, Rabobank Australia and HSBC Bank Australia to tighten their intra-group funding arrangements, after finding their reporting in this area has been in breach of the prudent.. read more
Brief: ANZ accused, HSBC signs with Flamingo AI 24 May 2019 4:03PM Professional services Banking Day staff Local artificial intelligence software developer Flamingo Ai has scored a big win with a deal to provide its technology to HSBC Bank Australia. read more
ME and HSBC claim market share from majors 01 August 2018 4:47PM Authorised deposit-taking institutions George Lekakis ME Bank and HSBC Australia were the fastest growing retail deposit takers in the 12 months to the end of June, according to end-of-financial year data published by the Australian Prudential Regulation.. read more
Briefs: Cape to merge with Community First, HSBC goes very low in NZ, big day for RBNZ 07 June 2018 4:47PM Briefs Banking Day staff A special general meeting of Cape Credit Union on 30 May, saw 97 per cent of members who voted supporting the board's recommendation to merge with Community First Credit Union. read more
Foreign news: Kiwi in running for HSBC finance director role, overhaul of high-cost credit in the UK 01 June 2018 5:06PM Foreign news Banking Day staff HSBC has added Royal Bank of Scotland CFO Ewen Stevenson to the shortlist of candidates to replace its departing CFO Iain Mackay. read more
HSBC Australia posts record profit 16 May 2018 4:48PM Foreign Subsidiary Bank George Lekakis HSBC has consolidated its position as a top ten bank in the Australian market after a sharp fall in funding costs pushed the local business to a record full year profit. read more