Exclusive: HSBC pulling back from China credit card business after struggling to expand
HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand ...
GlobalData on MSN2d
HSBC plans to withdraw credit card operations in China
HSBC has plans to withdraw its credit card business in China after entering the segment eight years ago, reported Reuters, ...
HSBC Pulls Back Credit Card Business in China, Reuters Reports
HSBC Holdings Plc is pulling back from its credit card business in China, Reuters reported, citing unidentified sources.
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China’s Digital Yuan Still Encounters Challenges in Adoption: Report
China's digital yuan faces adoption hurdles due to competition from mobile payment platforms like Alipay and WeChat Pay.
The Banker5d
HSBC to pull back from China credit card business; Switzerland charges Lombard Odier with money laundering
Swiss private bank Lombard Odier has been charged with aggravated money laundering by Switzerland’s federal prosecutor. In a filing on Friday, the prosecutor said the bank played a “decisive role” in ...
HSBC winding down credit card business in China, Reuters reports
HSBC (HSBC) is pulling back from its credit card business in China eight years after its launch, as the company struggled to expand and make ...
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If you want to learn where artificial intelligence (AI) could be heading, you'll probably want to pay attention to Nvidia ...
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Smile Shop Joins Conflux PayFi Ecosystem With BitUnion Prepaid Card
Smile Shop – the premier Asian e-commerce platform – has partnered with Conflux Network – China's only regulatory-compliant ...
The Edge Singapore5d
HSBC pulls back credit card business in China: Reuters
China is a relatively small market for HSBC’s credit card business. The gross carrying amount in this segment was just US$287 ...