HSBC Commercial Banking, UK Financial Institutions

Welcome

Colin Malcolm, Head of the UK Financial Institutions (UK FI) Sector in HSBC's Non Ring-Fenced Bank

A message from Colin Malcolm, Head of the UK Financial Institutions (UK FI) Sector in HSBC’s Non Ring-Fenced Bank

Thank you very much for visiting the dedicated HSBC Commercial Banking website for UK Financial Institutions (UK FIs).

We provide a full range of banking services to businesses operating in the financial services sector (asset and wealth management, insurance, specialist financials, brokers, fintechs/payments businesses and others) through our experienced and dedicated team, benefitting from HSBC’s financial strength, unique global franchise and internationally-renowned brand.

HSBC UK Financial Institution Customers enjoy seamless access to a global banking network, supporting your business both locally and internationally. Our team of dedicated Relationship Managers provide an individual approach whilst partnering with you to help your business achieve its strategic goals and ambitions.

Our Global Payments Solutions (GPS) business is a fundamental part of the holistic service we provide UK FI clients. Led by Stuart Smith, Regional Head of UK FI Sales in GPS, we work with our clients to have visibility, control and access to their cash, supporting payables and receivables activity and managing excess liquidity. With services across more than 60 countries and territories. GPS is positioned to help our clients make and receive payments domestically and across borders and currencies through our international connectivity. We offer a range of innovative digital solutions to support the day to day banking requirements of the most sophisticated of UK FI clients.

We provide tailored solutions for the sector in which your business is operating, and have summarised below our proposition for the following sectors:

Fintech
Specialist Financials
Funds
Insurance
Wealth

If you would like to learn more, or have any queries around what qualifies as an UK FI customer, please do not hesitate to contact us.

Insights

UK financial institutions: A new normal

Amid a ‘new normal’ environment – in which the specialty finance industry must navigate persistently higher interest rates, squeezed margins and increased regulatory scrutiny – the scale, strength and experience of financial institutions will prove invaluable.

Insurance Sector Outlook

A growing segment of HSBC UK Financial Institutions team’s focus is on the P&C (Property and Casualty) industry, with a particular focus on insurance and reinsurance underwriters - including Lloyd’s of London (“Lloyd’s”) - Legacy and insurance distribution. All three subsectors have seen good momentum in recent years and the outlook remains positive, albeit with headwinds to contend with.

UK Non-Bank Financial Institutions: Reasons for optimism in 2023

For UK Financial Institutions (UK FIs), 2023 represents a confluence of near-term challenges, from geopolitical and macroeconomic uncertainties to regulatory pressure. But while strategies may need to adapt to meet these challenges, financial institutions are showing agility, flexibility and resilience.

HSBC’s API solution delivers efficiencies to Fundment and its clients

With its stated aim of simplifying the investment experience, Fundment was looking for an end-to-end solution that would align its back-office functions with the efficiencies of its customer-facing proposition, helping it break new ground in an established marketplace. HSBC’s API solution offered the competitive advantage the business was looking for.

Corporate Cards for optimised working capital

HSBC’s Corporate Cards provide a flexible cash flow solution for your business needs. Read more about how Corporate Cards help optimise working capital.

Be part of the Business Plan for the Planet

HSBC is supporting businesses all over the planet to thrive in a lasting, low-carbon economy.

Find out more

Sectors

FinTech

We have a wealth of experience in supporting specialist FinTech businesses through various stages in their life cycle, covering a wide range of disruptive technology across the financial services spectrum. From payments to supply chain finance our expertise spans all sub sectors across an exceptional fast paced and evolving environment. Here clients need a dynamic bank who can respond and support complex requirements quickly and efficiently.

Key Contact for FinTech:

Susanne Rutishauser
Relationship Director
susanne.e.rutishauser@hsbc.com

Susanne Rutishauser, Relationship Director

Specialist Finance

We build multidimensional relationships across the full breadth of the speciality finance sector. We cover Consumer, Mortgage, SME, and NPL finance companies across a range of bespoke sub asset classes. Our capabilities in the sector include: asset financing, corporate finance, all transactional banking requirements, FX and rate management, issuer services, trade solutions and access to a range of deposit solutions.

Key Contact for Specialist Finance:

Ben Locke
Team Lead and Relationship Director
ben.locke@hsbc.com

Ben Locke, Team Lead and Relationship Director

Funds

We work with funds and fund managers across the industry, with specific expertise in traditional investment funds / managers, investment trusts, private equity, alternative asset managers, and wealth managers.

Key Contact for Funds:

Loreana Testa
Head of UKFI Funds, CMB
Loreana.v.testa@hsbc.com

Insurance

We work extensively with clients operating in the insurance sector, including Wholesale and Retail insurance brokers, MGAs and other intermediaries, Underwriters (Life and Non-Life), Specialty insurance providers (including shipping insurance providers, commodity insurance, P&I clubs, mutuals etc.), Insurance services firms, including loss adjusters, claims management providers and other professional service companies.

Key Contact for Insurance:

Jim Freeman
Relationship Director
jim.paul.freeman@hsbc.com

Jim Freeman

Wealth

We provide unparalleled support to the Wealth Management Sector through strategic commercial banking solutions. We empower D2C and B2B Wealth Managers that provide services to their private clients in the form of financial planning, investment management and advisory services. We collaborate strategically with product partners such Cash Management, Market & Security Services, Global Asset Management to provide Wealth Managers with a holistic and seamless banking solution.

Key contact for wealth:

Ram Chouhan
ram.chouhan@hsbc.com

Need help?

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