NEW YORK, February 27, 2024--HSBC today announced that it received top awards in Euromoney’s 2024 Trade Finance Survey. The bank received 28 Market Leader awards and Best Service awards across 24 markets and regions, including the Americas.
Barclays (BCS) will face a proposed class action by shareholders, accusing the bank of securities fraud related to the sale of unregistered securities.
Banks in Hong Kong including HSBC and Standard Chartered Bank are rolling out more products tied to the Wealth Management Connect scheme amid a drive by Beijing to boost the Greater Bay Area's financial markets and promote capital flow across borders. Their moves come a month after the People's Bank of China (PBOC) and the Hong Kong Monetary Authority (HKMA) announced six measures to strengthen financial cooperation between the mainland and Hong Kong. One of those was to enhance the cross-bounda