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Related Special Reports
...From customer service chatbots to data migration and overhauling research and development in healthcare, Schweizer said BCG is helping companies use AI to cut costs and increase productivity....
...Deloitte has taken on extra office space in central London less than two years after making cutbacks, in an about-turn that indicates staff in professional services are returning to the workplace more regularly...
...The Bank of England has fined HSBC £57.4mn for failing to correctly identify customer deposits eligible for protection under the UK’s Financial Services Compensation Scheme between 2015 and 2022....
...Already our membership includes companies such as HSBC, Nationwide, Aviva and Barclays. They’re upping their game and others need to follow....
...HSBC was fined £57.4mn on Tuesday for failing to identify billions of pounds worth of deposits held by hundreds of its customers who were eligible for protection under the UK’s Financial Services Compensation...
...Its deposits will not be protected under the Financial Services Compensation Scheme....
...RBC is also required to boost or maintain French, Mandarin and Cantonese language services....
...the Financial Services Compensation Scheme between 2015 and 2022....
Yes, you probably have to care about this one
...Back in 2014, HSBC had published a policy stating that it would not “knowingly provide financial services directly supporting projects which threaten the special characteristics of Unesco World Heritage...
...The new operation will offer a wide range of services including in underwriting and asset management. StanChart made an early bet on mainland China that has been paying off....
...HSBC declined to comment. The bank’s shares have gained about 18 per cent so far this year. The FCA declined to comment....
...As companies tackle digital overhauls of their businesses — from homeworking to customer relationship management — they are increasingly relying on external providers for information technology services...
...Prices are down by around a fifth over the past 12 months, according to HSBC....
...Bishop said Apple was already enforcing the filing requirement for Chinese developer accounts, and was required to do so for international services....
...A spokesperson for HSBC AM said the firm “focuses on developing all of its capabilities”....
...Profits for the final three months of 2023 fell to $1bn from $5bn in the same period a year earlier, HSBC said today. The share price reaction was severe....
...The Wall Street bank has also been increasing its provision of banking services to the entire start-up ecosystem....
...The Model 2 “appears to have morphed into something less radical than previously indicated, but there was confirmation that more models are coming,” wrote Mike Tyndall, analyst at HSBC....
Potential sale comes after Apollo’s $26bn offer was rebuffed
...Another 50 cents is collected by the merchant acquirer, or companies such as Block or Stripe that provide the shop’s point-of-sale service system....
Sellers will be able to charge different prices to consumers based on the card they use
...An attempt to ban the service in 2020 failed in court, and a legal challenge is expected on free-speech grounds....
...Price pressures also picked up, as services companies passed on higher wage costs....
...He is the second HSBC employee to depart the bank over controversial comments in recent years....
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