HSBC Bank

Amundi Physical Metals plc: UK Final Terms

Retrieved on: 
Sunday, November 27, 2022

The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.

Key Points: 
  • The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.
  • The Issuer, under the Programme, may only issue ETC Securities to authorised participants appointed as such (each, an Authorised Participant).
  • Each ETC Security relates to a specific amount in weight of Gold, specified in the Final Terms, known as the Metal Entitlement.
  • Payment of any Early Redemption Amount or the Final Redemption Amount is subject at all times to the limited recourse provisions.

Amundi Physical Metals plc: UK Final Terms

Retrieved on: 
Sunday, November 27, 2022

The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.

Key Points: 
  • The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.
  • The Issuer, under the Programme, may only issue ETC Securities to authorised participants appointed as such (each, an Authorised Participant).
  • Each ETC Security relates to a specific amount in weight of Gold, specified in the Final Terms, known as the Metal Entitlement.
  • Payment of any Early Redemption Amount or the Final Redemption Amount is subject at all times to the limited recourse provisions.

Amundi Physical Metals plc: UK Final Terms

Retrieved on: 
Sunday, November 27, 2022

The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.

Key Points: 
  • The ETC Securities are designed to provide purchasers with exposure to Gold without having to take physical delivery of the Gold.
  • The Issuer, under the Programme, may only issue ETC Securities to authorised participants appointed as such (each, an Authorised Participant).
  • Each ETC Security relates to a specific amount in weight of Gold, specified in the Final Terms, known as the Metal Entitlement.
  • Payment of any Early Redemption Amount or the Final Redemption Amount is subject at all times to the limited recourse provisions.

Wells Fargo and HSBC Expand DLT Solution to Include Offshore Yuan

Retrieved on: 
Thursday, November 17, 2022

Wells Fargo & Company (NYSE: WFC) and HSBC Bank plc today announced that the blockchain-based solution they are using for bilateral FX settlements is expanding to include the offshore yuan (CNH).

Key Points: 
  • Wells Fargo & Company (NYSE: WFC) and HSBC Bank plc today announced that the blockchain-based solution they are using for bilateral FX settlements is expanding to include the offshore yuan (CNH).
  • Since launching the shared DLT solution in December 2021, HSBC and Wells Fargo have settled over $200 billion in transactions and plan to add additional currencies over the coming months.
  • View the full release here: https://www.businesswire.com/news/home/20221117005149/en/
    Vince Hindman, global head of Rates and FX Solutions, Wells Fargo (Photo: Wells Fargo)
    We are pleased to expand the capabilities of the platform to include CNH, allowing us to reduce risk in the payment settlement process, said Vince Hindman, global head of Rates and FX Solutions, Wells Fargo Corporate & Investment Bank.
  • With assets of US$2,985bn at 30 June 2022, HSBC is one of the worlds largest banking and financial services organisations.

BB Energy Successfully Expands its Digital Borrowing Base Credit Facility to USD 580 Million

Retrieved on: 
Monday, November 14, 2022

HOUSTON, Nov. 14, 2022 /PRNewswire/ -- BB Energy, a leading global independent energy trading company, is pleased to announce that it has successfully refinanced and expanded a $580 million senior secured borrowing base credit facility (the 'Facility').

Key Points: 
  • HOUSTON, Nov. 14, 2022 /PRNewswire/ -- BB Energy, a leading global independent energy trading company, is pleased to announce that it has successfully refinanced and expanded a $580 million senior secured borrowing base credit facility (the 'Facility').
  • Based on an initial size of $500 million, the Facility was increased to US $580 million to finance BB Energy USA trading flows across the Americas.
  • BB Energy Group CFO, Jacques Erni commented: "We are delighted with the outcome of the Facility with a closing amount of $580 million, which is a landmark for BB Energy USA to achieve its next level of growth.
  • Following BB Energy's successful partnership with Komgo to launch the first U.S. Digital Borrowing Base Facility in October 2021, the Facility will also be a Digital Borrowing Base on Komgo's digitalized platform.

BB Energy Successfully Expands its Digital Borrowing Base Credit Facility to USD 580 Million

Retrieved on: 
Monday, November 14, 2022

HOUSTON, Texas, Nov. 14, 2022 /PRNewswire/ -- BB Energy, a leading global independent energy trading company, is pleased to announce that it has successfully refinanced and expanded a $580 million senior secured borrowing base credit facility (the 'Facility').

Key Points: 
  • HOUSTON, Texas, Nov. 14, 2022 /PRNewswire/ -- BB Energy, a leading global independent energy trading company, is pleased to announce that it has successfully refinanced and expanded a $580 million senior secured borrowing base credit facility (the 'Facility').
  • Based on an initial size of $500 million, the Facility was increased to US $580 million to finance BB Energy USA trading flows across the Americas.
  • BB Energy Group CFO, Jacques Erni commented: " We are delighted with the outcome of the Facility with a closing amount of $580 million, which is a landmark for BB Energy USA to achieve its next level of growth.
  • Following BB Energy's successful partnership with Komgo to launch the first U.S. Digital Borrowing Base Facility in October 2021, the Facility will also be a Digital Borrowing Base on Komgo's digitalized platform.

HSBC Bank USA, N.A. and Affiliates Raise Prime and Reference Rate

Retrieved on: 
Wednesday, November 2, 2022

HSBC Bank USA, N.A., and its affiliates announced today that they have raised their prime and reference rate to 7.00% from 6.25%, effective tomorrow.

Key Points: 
  • HSBC Bank USA, N.A., and its affiliates announced today that they have raised their prime and reference rate to 7.00% from 6.25%, effective tomorrow.
  • HSBC USA Inc. ("HUSI") is a Maryland corporation and its principal business is to act as a holding company for its subsidiaries including HSBC Bank USA, N.A.
  • HSBC USA Inc. is a wholly-owned subsidiary of HSBC North America Holdings Inc.
    HSBC Holdings plc, the parent company of HSBC, is headquartered in London.
  • With assets of $2,992bn at 30 September 2022, HSBC is one of the worlds largest banking and financial services organisations.

HSBC U.S. Private Banking Enhances Wealth Management Solutions with Addepar

Retrieved on: 
Monday, October 31, 2022

Private Banking, part of the banks Wealth and Personal Banking business, announced today that it has selected Addepar, a leading technology platform purpose built for investments, as its consolidated client performance reporting platform.

Key Points: 
  • Private Banking, part of the banks Wealth and Personal Banking business, announced today that it has selected Addepar, a leading technology platform purpose built for investments, as its consolidated client performance reporting platform.
  • Private Banking serves domestic and international high net worth and ultra high net worth clients, as well as family offices, with $65 billion in assets under management.
  • As one of the largest banking and financial services organizations in the world, HSBC is committed to building the bank of the future by implementing transformative digital solutions for clients.
  • Private Banking with critical tools, such as comprehensive portfolio views and in-depth analytics, which will optimize the client experience.

Amundi Asset Management: Final Terms

Retrieved on: 
Saturday, October 22, 2022

Each ETC Security relates to a specific amount in weight of Gold, specified in the Final Terms, known as the Metal Entitlement.

Key Points: 
  • Each ETC Security relates to a specific amount in weight of Gold, specified in the Final Terms, known as the Metal Entitlement.
  • Payment of any Early Redemption Amount or the Final Redemption Amount is subject at all times to the limited recourse provisions.
  • Any early or final redemption of the ETC Securities of a Series will be settled in cash.
  • Amundi Asset Management S.A.S.

MetricStream’s GRC Summit 2022 Brings Together Global Experts to Showcase How to Thrive in a Rapidly Changing Risk and Regulatory Environment

Retrieved on: 
Tuesday, October 11, 2022

Celebrating its 10th year, MetricStreams GRC Summit 2022 theme is Experience the Power of Connection.

Key Points: 
  • Celebrating its 10th year, MetricStreams GRC Summit 2022 theme is Experience the Power of Connection.
  • The two-day event will bring together GRC experts from around the globe to share insights, exchange best practices, and showcase the power of connected GRC.
  • View the full release here: https://www.businesswire.com/news/home/20221011005255/en/
    The GRC Summit is the most influential gathering of governance, risk, compliance, audit, and IT GRC professionals from across the world.
  • MetricStream is the global SaaS leader of Integrated Risk Management and GRC solutions that empower organizations to thrive on risk by accelerating growth via risk-aware decisions.