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HSBC strategically repositions US retail business towards international banking and wealth management

HSBC has announced that it will exit its US domestic mass market retail banking business through several transactions, pending regulatory approval. It wants to exit 90 branches out of a current branch network of 148 branches. HSBC Bank USA (HBUS) will retain a small network of physical locations...


Apple awards Corning US$45 million from its Advanced Manufacturing Fund

Apple is awarding US$45 million from its Advanced Manufacturing Fund to Corning, a supplier of precision glass for iPhone, Apple Watch and iPad. The funding will expand Corning’s manufacturing capacity in the US and drive research and development into innovative new technologies that...


HR Path raises €113 million and acquires an American company, Whitaker Taylor

HR Path, a member of French Tech, has announced a €113 million financing from banks, to accelerate its growth and become the global reference in terms of human resources. HR Path offers a support service for the HR performance of companies. These services cover HR transformation...


Lentini Design and Marketing is an approved supplier for the Super Bowl LVI Business Connect programme

Lentini Design and Marketing has been designated as an approved supplier of the Super Bowl LVI Business Connect programme. It is one of 225 local, diverse businesses in the Los Angeles area identified as a certified, experienced company approved to compete for contracts related to the...


Opportunities and threats: How will Brexit impact US companies?

Both the US and UK act as a fundamental and reciprocal foundation of economic growth for each other. But how will Brexit change the trade relationship between the two nations? Nick Adams, VP EMEA at Globalization Partners explains the challenges and opportunities. The strong, historical ties...


Breaking up is hard to do (but sometimes it’s best for everyone)

Tim Bandos, CISO and VP Managed Security Services at Digital Guardian, discusses why breaking up with an existing provider, however painful, can sometimes be the best move for both parties. There comes a time when every business needs to step back, take stock of its technology stack and consider...


Almost half of US office workers scared to return to offices

Forty-two percent of US office workers have said catching COVID-19 as a direct result of being back in contact with colleagues is what worries them the most about returning to offices, a new report has found. Over a third (39%) of workers said they were most fearful of contracting COVID-19...


How SPACs are the new way of taking companies public without having to go through an IPO

Roger James Hamilton, CEO and Founder of Genius Group, a global entrepreneur education company, explores the new trend of special purpose acquisition companies (SPACs) taking companies public and how this is a great strategy for those businesses looking for rapid growth. In recent years, we have...


Samsung extends leadership in 5G patents

Samsung Electronics has announced that it has ranked first in 5G Standard Essential Patent (SEP) shares according to a patent essentiality study conducted by IPlytics, a Berlin-based market intelligence firm comprised of economists, scientists and engineers. The findings were published...


Federal bank regulators issue rule supporting Treasury’s investments in minority depository institutions

Federal bank regulatory agencies have announced an interim final rule that supports the Treasury Department’s implementation of a programme established by Congress to make capital investments in minority depository institutions and community development financial institutions....


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