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HSBC shuts global payments app Zing
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 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 to shut down payments app as it reveals exact date it will stop
Zing is an international payments app and debit card that allows people to hold different currencies, send money abroad, or spend in the UK and overseas
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.
App Closed, Over 400 Jobs At Risk In This Bank - Details
HSBC has decided to close its international payments app, Zing, as part of CEO Georges Elhedery’s cost-cutting strategy. The move is expected to result in approximately 400 job losses, including non-HSBC customer support staff.
20h
on MSN
HSBC makes major change for customers as it axes service
HSBC has announced a change to its money transfer service, which could result in 300 job losses, according to reports.
10d
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) ...
3d
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 ...
3d
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 ...
5d
HSBC Said to Study Options for Consumer Banking in Australia
HSBC Holdings Plc is studying options for its consumer banking business in Australia including a potential sale as the bank ...
2d
on MSN
HSBC announces service to end in new blow to customers
HSBC is preparing to close down its payments app, Zing, just a year after its launch, in a move that could disappoint ...
2d
J.P. Morgan Keeps Their Hold Rating on HSBC Holdings (HSBA)
In a report released today, Sofie Peterzens from J.P. Morgan maintained a Hold rating on HSBC Holdings (HSBA – Research Report), with a price ...
10d
HSBC Sued by Fired UK Trader Over ‘Career Ending’ Dismissal
HSBC Holdings Plc trader fired for using his work phone to discuss supplying drugs sued the bank claiming the “career-ending” ...
2d
on MSN
HSBC warning with 'all accounts set to be closed down by May 2025'
The high street bank, which is rivalled by Lloyds, Nationwide, NatWest, Barclays, Santander and more, has announced it is ...
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