HSBC Secures Sean Statuto as Senior VP of FX Sales

HSBC, a British multinational banking and financial services holding company, has managed to secure a new recruit in its foreign exchange (forex) operations. According to a report from FX Week this Wednesday,...

HSBC Cuts Cost of Settling FX Payments with Blockchain

HSBC has managed to cut the cost of settling foreign exchange (forex) trades by a quarter using blockchain technology, according to a report from Reuters this Thursday which cites an executive overseeing the ...

HSBC Adds Jonathan Cheesman to Institutional FX Sales Team

HSBC has secured a new recruit for its institutional foreign exchange sales team in New York. According to a report from FX Week this Wednesday the banking organization has added Jonathan Cheesman. Cheesman ...

HSBC Aims to Sidetrack CLS With Its Own Blockchain Tech

While the cryptocurrency market is looking to find its footing, blockchain technology continues to show promise. UK bank HSBC has stated that it managed to settle over $250 billion worth of FX transactions us...

HSBC, ING Carry Out First Trade Finance Blockchain Deal

History was made this Monday when HSBC India and ING Bank Brussels carried out the first trade finance deal ever made over the blockchain. The deal was carried out between Tricon Energy USA – a petrochemical...

Global Head of FX Frederic Boillereau Departs from HSBC

FortuneZ has learned that Frederic Boillereau has left HSBC. According to an internal memo seen by FortuneZ, the former Global Head of FX and Commodities’ departure came as a result of changes to a number of ...

HSBC Secures Two New Senior Hires for German Operations

HSBC Holdings Plc announced today that it has appointed Alexander Glawe as Managing Director, Head of Northern Europe Financial Sponsors and Jürgen Stein as Head of Leveraged & Acquisition Financing, Germ...