HSBC profits fall amid $400m fraud-related charge and Iran war

Reported by Kalyeena Makortoff (Excerpt shared below. To read full report, go to: https://www.theguardian.com/business/2026/may/05/hsbc-profits-fall-fraud-related-charge-iran-war) HSBC has taken a $1.3bn (£961m) hit to profits, amid the fallout from the US-Israel war on Iran and fraud in the troubled private credit sector. The London-headquartered bank said profits fell 4% in the first three months of the year, dropping […]

Fenergo targets buyside friction with investor portal

Reported by FinTech Global (Excerpt shared below. To read full report, go to: https://fintech.global/2026/05/13/fenergo-targets-buyside-friction-with-investor-portal/) Fenergo has unveiled its Digital Subscriptions capability, embedded directly within its Investor Portal, bringing the fund subscription process into a single digital workflow for the first time. The new offering lets asset managers and other buyside firms connect investor onboarding, KYC and […]