The move is expected to result in about 400 layoffs as CEO Georges Elhedery intensifies cost-cutting measures in Europe.

HSBC is preparing to close down its payments app, Zing, just a year after its launch, in a move that could disappoint ...

HSBC is shutting down Zing as it reportedly continues to overhaul its structure. The staff at risk of redundancy will be informed soon.

Zing, which was set up by James Allan, HSBC's head of foreign exchange and international payments, had an accompanying debit card that ensured users could hold funds in more than 10 currencies.

HSBC's decision to shutter international payments app Zing is likely to trigger around 400 job losses, a source familiar with ...

HSBC is set to shut down a payments app after its launch just a year ago in a blow to customers. The Zing platform, which ...

HSBC is shutting down its global payments app Zing a year after launch, putting hundreds of jobs at risk, as the global bank ...

HSBC is shutting down its international payments app Zing, which may lead to approximately 400 job losses, as part of CEO ...

The appointment comes as part of a sweeping overhaul by HSBC's new CEO Georges Elhedery, who has made a raft of leadership changes and split the lender's geographic footprint into East and West.

The appointment comes as part of a sweeping overhaul by HSBC's new CEO Georges Elhedery, who has made a raft of leadership changes and split the lender's geographic footprint into East and West.