HSBC signs up to CLS and IHS Markit cross-currency swaps service
CLS and IHS Markit said with the addition of HSBC there are nine settlement members live on the cross-currency swap service including several major banks.
Tag: HSBC
ETFs
Active ETFs: Europe has a way to go
As Europe is yet to see the significant uptake in actively managed ETFs that the US market has experienced, Annabel Smith asks why that is and how active ETFs operate.
HSBC expands AI index suite with multi-asset strategy
AiMAX multi-asset index from HSBC uses artificial intelligence and big data as method for portfolio construction across 15 asset classes.
HSBC launches FX hedging analytics tool for buy-side
The tool from HSBC will allow asset managers to assess the effectiveness of hedging strategies and will be integrated with the bank’s single dealer platform later this year.
HSBC sets sights on Asia as profits plummet
The bank said it would be targeting wealth management and commercial banking to achieve ‘double digit growth’ in Asia alongside pledging to invest $6 billion in the region.
HSBC launches AI pricing chatbot for foreign exchange options
The chatbot uses natural language processing to analyse information from numerous sources and distribute it to clients as well as internally within the bank.
HSBC to accelerate cost-cutting restructure with 35,000 job losses as profits plunge
Following a temporary suspension of its restructure due to the pandemic, HSBC confirms it will now speed up its transformation plans.
FMSB issues good practice guide amid surge in FICC algo trading
As algorithmic trading in the FICC markets increases, the FMSB has released a statement of good practice as a transparency draft for market consultation.
HSBC introduces client clearing with HKEX’s OTC Clear
HKEX’s derivatives clearing arm OTC Clear has completed the first client trade via client clearing.
TransFICC adds ING and HSBC as investors amid plans to launch buy-side service
Recent funding round was led by Albion VC, with HSBC and ING Ventures, as TransFICC eyes launch of buy-side platform.