Lates News

HSBC Holdings stated that the increase in visa fees for foreign employees in the United States is "manageable" for the bank because it has fewer employees in the country compared to some of its competitors or major technology companies. "We have a small number of employees on visas," said Michael Roberts, head of HSBC's Corporate and Institutional Banking, on Monday. "It is manageable for us." He added that it may be "a significantly bigger issue" for other financial services companies and tech firms.