HSBC has targeted the UAE for the launch of its new global digital trading platform World Trader which is aimed at the mass affluent market.

A new global study suggests wealthier investors will turn their focus back to equity investments over the next year amid signs interest rates may fall, reducing the attractiveness of cash savings.

The FCA has fined HSBC Bank plc, HSBC UK Bank plc, and Marks and Spencer Financial Services plc (HSBC) £6.28m for failures in its treatment of customers who were experiencing financial difficulties.

HSBC Life (UK) has opened up its Onshore Investment Bond to UK corporate investors following demand from advisers.