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HSBC shuts 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 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.
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.
HSBC shuts global payments app Zing as CEO Georges Elhedery seeks to slash costs; 400 jobs may be axed
HSBC is shutting down Zing as it reportedly continues to overhaul its structure. The staff at risk of redundancy will be informed soon.
HSBC to close Zing app, potentially leading to 400 job losses, Reuters reports
Europe's largest bank HSBC's plan to close its international payments application Zing could potentially result in approximately 400 job losses, according to Reuters on Thursday.
20h
on MSN
HSBC customers warned as 'all accounts set to be closed down by May'
HSBC has finally spoken out about its decision to axe a popular service. The high street bank, which competes with the likes ...
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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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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” ...
4d
on MSN
HSBC Holdings plc (HSBC): Why This Mega-cap Stock Could Continue Surging Post 52-week Highs
We recently compiled a list of the 10 Mega-Cap Stocks That Could Continue Surging Post 52-Week Highs. In this article, we are ...
1d
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.
20h
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 ...
Reading Chronicle on MSN
3h
HSBC UK provides funding to Reading-based construction firm
The funding from HSBC UK will allow Reading-based Lee Marley Brickwork to grow significantly and expand its apprenticeship scheme. The brickwork and scaffolding company, which was established in 1997, ...
23h
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 ...
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