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HSBC scraps global money app Zing
HSBC to shutter international payments app Zing
The move is expected to result in about 400 layoffs as CEO Georges Elhedery intensifies cost-cutting measures in Europe.
HSBC's payments app closure puts around 400 jobs at risk, source says
HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with the matter said, as CEO Georges Elhedery steps up cost-cutting efforts at Europe's largest bank.
HSBC scraps global money app Zing a year after launch
HSBC is shutting down its global payments app Zing a year after launch, putting hundreds of jobs at risk, as the global bank continues to overhaul its structure. The bank’s chief executive has instigated a series of changes to drive down costs since stepping into the role last year.
'Four hundred jobs could go' at HSBC's Zing app
Europe's largest bank's decision to close its international payments app could result in the loss of around 400 jobs, according to a source close to the situation. The unnamed source told the Reuters news agency HSBC's cost-cutting decision to terminate its Zing app would likely mean layoffs at both the bank itself and at external customer support centers that employ non-HSBC workers.
HSBC nears ending of international payments app Zing, Financial News reports
HSBC’s (HSBC) international payment app Zing, launched in 2024, is about to close down, according to the Financial News’ Lars Mucklejohn.
13h
HSBC Holdings rises Thursday, outperforms market
HSBA shares inched up 0.77% to £8.29 Thursday, on what proved to be an all-around great trading session for the stock market, ...
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What's New With HSBC Stock?
This compares to rival Barclays (NYSE: BCS) stock which has gained almost 76% over the same period and JP Morgan (NYSE: JPM) ...
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on MSN
HSBC shuts global payments app Zing as CEO Georges Elhedery seeks to slash costs; 400 jobs may be cut
HSBC is shutting down Zing as it reportedly continues to overhaul its structure. The staff at risk of redundancy will be informed soon.
12h
HSBC is thinking globally, but acting locally, to build 'Innovation Banking' from the Bay Area
“From every crisis, something great can emerge,” Dave Sabow, U.S. head of Innovation Banking at HSBC, told the Business Times during a recent interview at the bank’s offices in San Francisco’s ...
18h
on MSN
HSBC Championships: Bank replaces Cinch as Queen’s Club sponsor
HSBC has doubled down on tennis by taking title sponsorship of the new combined men’s and women’s championships at Queen’s ...
10h
HSBC touts 50% increase in suspicious transactions intercepted in past year
Hong Kong’s largest lender prepares to launch a new alert system, as it works to educate consumers about potential scams.
1d
HSBC’s Zing Shutdown: What Traditional Banks Can Learn from FinTech Disruption
Fintechs like Revolut and Wise are built for scale and are willing to risk short-term profits for long-term growth. Zing’s ...
GlobalData on MSN
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HSBC launches its presence at GIFT City in Gujarat, India
HSBC is the only international bank in GIFT City offering a full range of products and services, including wholesale banking ...
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