HSBC pulling back from China credit card business
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 and make the enterprise profitable in the world's second-largest economy, sources with knowledge of the matter said.
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 concealing the illicit activities of Gulnara Karimova, the daughter of Uzbekistan’s late president, Islam Karimov.
China has taken a step into the future with a new cardless method of payment that requires little more than a hand swipe.
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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