Hot desking means they will have to work elsewhere
The days of a banker getting a swanky office appear to be coming to an end. Banking giant HSBC has confirmed that top managers in its Canary Wharf HQ have lost their offices and will have to hot-desk on an open-plan floor.
China claims it resulted in the arrest of Huwaei's CFO
HSBC has denied Chinese media reports that it had “framed” Huawei Technologies and played a role in the arrest of the chief financial officer (CFO).
Doesn't this sound like an episode of Mr Robot?
HSBC aims to shift $20 billion worth of assets to a new blockchain-based custody platform by March, in one of the biggest deployments yet of the widely-hyped but still unproven technology by a global bank.