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Tag: HSBC

Paytech, Retail

HSBC completes sale of French retail banking business to CCF

January 2, 2024

Via: FinTech Futures

News of the sale first broke in May 2021, with HSBC reportedly having paid more than €1 billion for New York-based private equity firm Cerberus Capital Management to take its loss-making French branches off its hands. As of 1 January […]

Invest tech, RegTech

CMA warns HSBC about inaccurate Open Banking information

January 23, 2023

Via: ThePaypers

Multinational banking group HSBC has received an official warning from UK’s Competition and Markets Authority (CMA) regarding failures in providing the correct information about the Open Banking processes. According to the UK’s Competition and Markets Authority (CMA), the bank published […]