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UK Government Steps in Over SVB Collapse

13 March 2023 alastair walker 0

The UK government has stepped in quickly to protect 100s of UK tech firms, which partially relied on finance from SVB to grow their businesses. Silicon Valley Bank in the US has gone into administration, […]

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Insurance Brokers

Don’t Risk a Fine; Register Those Trusts, Advises HSBC Life

10 August 2022 alastair walker 0

Advisers are concerned about their clients risking HMRC fines, by failing to register trusts with the Trust Registration Service (TRS) by 1st September, according to new research from HSBC Life (UK), the HSBC Group’s insurance business. […]

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Life/Health/Critical illness

HSBC Life Speeds Up Healthcare Plan Underwriting

21 July 2022 alastair walker 0

In a UK Protection first, HSBC Life (UK) Ltd is launching a digital underwriting innovation that enables medical screening requests to be sent to and received back automatically from the medical screening provider Square Health. […]

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Insurance Brokers

HSBC Life Highlights Trust Registration Deadline

10 June 2022 alastair walker 0

HSBC Life (UK) Ltd, HSBC Group’s insurance business, is supporting advisers and their clients ahead of the deadline for registering trusts with the Government’s new Trust Registration Service (TRS), on 1 September 2022. Advisers who […]

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News

Increasing Demand For ESG-Friendly Investment Bonds

13 April 2022 alastair walker 0

Advisers are seeing an increase in demand for ESG and sustainable investment options in onshore bonds as the market expands, according to new research among 100 UK based wealth management advisers, by HSBC Life –  the HSBC […]

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News

Marsh Signs Five Year Deal With HSBC

2 March 2022 alastair walker 0

HSBC has signed a new broker agreement with Marsh, the world-leading insurance broker and risk advisor. The new five-year agreement builds on an 11-year relationship which began in 2010. The agreement covers seven markets including France, […]

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News

HSBC Buys Out 50% Of its China-Based Subsidiary

2 January 2022 alastair walker 0

HSBC Insurance (Asia) Limited, an indirect wholly-owned subsidiary of HSBC Holdings plc (HSBC), has received approval from the Shanghai office of the China Banking and Insurance Regulatory Commission to acquire the remaining 50% equity interest […]

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Insurance Regulation

FCA Hits HSBC With £63m Fine

17 December 2021 alastair walker 0

After NatWest, HSBC now collect a hefty fine for breaches of money laundering rules; here’s the word from the FCA. The FCA has fined HSBC Bank plc (HSBC) £63,946,800 for failings in its anti-money laundering […]

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