Wells Fargo

United Kingdom
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HSBC said it is planning to double the number of Black employees in senior roles by the end of 2025, marking the latest financial firm to set hiring targets for the under-represented demographic group amid rising global concern over racial injustices.

U.K.-based Legal & General has agreed to borrow up to GBP 550 million ($700 million) from a syndicate of lenders including Wells Fargo, RBS International and Lloyds Bank in a pivot toward industrial properties as COVID-19 strains commercial holdings.

HSBC has introduced the ability for some clients to contact their customer service in a fashion akin to texting as the continued impact of the COVID-19 pandemic leads banks to embrace new ways of communicating with their clients with many retail branches closed and phone lines tied up.