HSBC

HSBC has launched a new product called Zing focused on international transfers to better compete with fintech companies like Wise (formerly TransferWise) and Revolut. Bloomberg wrote that the app was on its way to the App Store and Play Store a couple of days ago. It is now officially out, so let’s have a look at what HSBC offers and if it’s indeed a competitive service. Zing is completely separate from HSBC’s existing banking products. You don’t need an HSBC bank account to use Zing. Zing also has a completely…

Tesla Chief Executive Officer Elon Musk gets in a Tesla car as he leaves a hotel in Beijing, China May 31, 2023.Tingshu Wang | ReutersTesla shares closed down about 5% on Thursday at $209.98 after HSBC Global initiated coverage with a "reduce" rating and a $146 price target. In their note, HSBC analysts called Elon Musk both an asset and a risk to Tesla, noting he is a "charismatic CEO with a cult-like following" who "feeds into the innovator narrative."The analysts also pointed to "hope" already baked into Tesla's share…

Acquired by HSBC in an emergency sale for just £1 in March as SVB was melting down, SVB UK is now getting a rebrand and expansion under its new owner. Today the banking giant launched HSBC Innovation Banking, a new unit focusing on banking services to the startup, investor, and wider tech community. Rumored for weeks leading up to today, and now officially announced at the kick-off to London Tech Week, the new division — technically a subsidiary of HSBC UK — will be bigger than just the SVB UK assets: HSBC has added…

Two months after the failure of Silicon Valley Bank, the lender’s depositors in the Cayman Islands have been left out in the cold.  Two months after the failure of Silicon Valley Bank, the lender’s depositors in the Cayman Islands have been left out in the cold.  FOLLOW US ON GOOGLE NEWS Read original article here Denial of responsibility! Techno Blender is an automatic aggregator of the all world’s media. In each content, the hyperlink to the primary source is specified. All trademarks belong to their…

HSBC came for campus recruitment in November 2022 in our college and the whole process consisted of 4 rounds. Online assessmentValue-Based Assessment Technical Interview HR InterviewRound 1- Online AssessmentThe online test was conducted by CoCubes it was for about 45-60 mins. It consisted of MCQs on topics like verbal reasoning, logical reasoning, reading comprehension, and curriculum subjects like DBMS, OS, and Networking. If you pass certain criteria of this round only then you will be able to attempt the coding round.…

Improve Article Save Article Like Article Improve Article Save Article Like Article HSBC is multinational banking and financial services organization that hires freshers for the role of Trainee Software Engineer. There are 4 rounds in the selection procedure-Round 1- MCQs and Coding RoundThis round is divided into two parts- the first one is MCQs and the second one is the coding round. There are generally 30-40 MCQs and 2 coding questions. If someone has not performed well in MCQs then, the coding round will not be…

Capping days of chaos and uncertainty among startup founders and venture capital investors, US regulators stepped in to backstop all deposits in the shuttered Silicon Valley Bank to stem the ongoing crisis. Further, the UK arm of the bank was bought by HSBC for £1.This and more in today’s edition of ETtech Top 5.Also in this letter:■ EV makers may take govt to court for withholding subsidy■ Infographic Insight: a look at India’s SaaS story■ Delhi HC grants more time to parties in BharatPe caseUS backstops all SVB…

UK tech founders, investors, and ecosystem leaders have been giving their reactions to the news that SVB UK will be rescued by HSBC. In addition, many startup founders and investors pointed to the leg-work done by industry body Coadec, which is now raising funds for further work. Andrew J ScottFounding Partner7pc VC “It was vital that depositors in SVB UK, who were overwhelmingly UK tech startups, were protected, not just for the startup ecosystem but the whole of the UK. Many of these companies are developing…

HSBC UK is acquiring Silicon Valley Bank UK for a symbolic £1, after a tense weekend of frantic negotiations by the UK government, regulators and a suite of other potential suitors. The deal is a massive relief to the UK technology sector, which was highly exposed to the collapse of SVB and it’s uk arm, and will be seen to have supported confidence in the financial system. HSBC said the transaction “completes immediately”. The acquisition will be funded from existing resources. The bank added in a statement: “As at…

Job Offer: Trainee Software Engineer at HSBCRecruitment Process:HSBC visited our campus and offered a Trainee Software Engineer role that was open for all branches. The recruitment process consisted of three online assessment rounds followed by two rounds of interviews.Online Assessment:The first round of the online assessment was an aptitude assessment (30 minutes) held on 12th November 2022, where general multiple-choice questions on Java, C, and C++ were asked. The second round was an online coding assessment (45…