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HSBC has been given the go-ahead from the China Securities Regulatory Commission for its securities joint venture in China. HSBC owns 51% of HSBC Qianhai Securities. Qianhai Financial Holdings [...]

ECB has announced its plans for a new instant payments and settlement system that will enable businesses and consumers to send money in real-time across 19 countries. The TARGET Instant Payments [...]

Banks including Barclays, Royal Bank of Scotland Group, Lloyds Banking Group and Tesco Bank have all stopped buying and selling Qatari riyals. The foreign exchange service provided by many banks [...]

Wealthsimple, a Canadian robo-adviser with £592m in assets under management, has announced it will launch in the UK in September 2017 Aviva has announced plans to sell around £1bn of bonds and [...]

Stripe has made its products available to businesses in Germany, Austria, Switzerland, the Netherlands, Belgium and Luxembourg Yoyo Wallet, the British mobile payments app, has raised £12m from [...]

Barclays is preparing to face US prosecutors over a possible multi-billion-pound fine for its role in the sub-prime mortgage collapse. The bank is expected to argue that it is not liable for [...]

Barclaycard staffs are trialling a new Grab+Go app, which allows users to scan the items they want to buy and then complete their purchase with a single click Square has launched its Virtual [...]

New payday loan regulations come into force today, requiring all online lenders to advertise on at least one price comparison website and display ‘prominently’ a link on their own websites to a [...]

NatWest has added Seedrs to its Capital Connections programme. Capital Connections introduces NatWest’s business and commercial customers to a number of alternative funding solutions. Also, [...]

Ford Money is to launch a Regular Saver account and a Regular Saver Cash ISA account on 22 May 2017, both paying 4% over 12 months. Account holders can deposit between £25 and £250 each month. [...]