The move is expected to result in about 400 layoffs as CEO Georges Elhedery intensifies cost-cutting measures in Europe.

HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with ...

HSBC is shutting down its global payments app Zing a year after launch, putting hundreds of jobs at risk, as the global bank ...

Zing is an international payments app and debit card that allows people to hold different currencies, send money abroad, or ...

HSBC is preparing to close down its payments app, Zing, just a year after its launch, in a move that could disappoint ...

“From every crisis, something great can emerge,” Dave Sabow, U.S. head of Innovation Banking at HSBC, told the Business Times during a recent interview at the bank’s offices in San Francisco’s ...

Brokerage HSBC Global Research has reportedly said in a note that the massive addition in dark store count has ...

Zing, which was set up by James Allan, HSBC's head of foreign exchange and international payments, had an accompanying debit card that ensured users could hold funds in more than 10 currencies.

HSBC is shutting down Zing as it reportedly continues to overhaul its structure. The staff at risk of redundancy will be informed soon.

Across the developed world, HSBC’s estimates suggest New Zealand’s economy had the largest contraction in GDP in 2024. But he ...

Hong Kong’s largest lender prepares to launch a new alert system, as it works to educate consumers about potential scams.

This compares to rival Barclays (NYSE: BCS) stock which has gained almost 76% over the same period and JP Morgan (NYSE: JPM) ...