HSBC Expands Branch Footprint in the U.S.

HSBC is following in the footsteps of JPMorgan Chase and Bank of America by adding new branches in the U.S. to new markets; the UK based bank is set to add as many as 50 new branches and 300 bankers; the plan is to have the new branches opened in the next 3 to 4 years with 40 percent being located in low to moderate income neighborhoods; the new branches are part of a larger strategy for the bank who has recently announced partnerships with online lender Avant for personal loans, fintech Roostify for digital mortgages and digital wealth management fintech Marstone for a new wealth platform. Source.

  • Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.

Sign up for our Newsletters

Every morning the Fintech Nexus News team scours the globe for the most important fintech stories of the day in the daily Global newsletter.

The Europe edition comes out on Monday, Wednesday, and Friday featuring the most important stories in European and UK fintech.

The Latin American newsletter arrives in your inbox on Tuesdays and Fridays. This is a trilingual newsletter featuring stories in Spanish, Portuguese, and English.

Join 20,000 subscribers!