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From: "HSBC UK Bank plc" <communication@mail.insight.business.hsbc.com>
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Subject: My Business Finances video, UK economic report, Going global for growth webinar replay
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Plus: register for our latest fraud webinar









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View in browser



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 <https://app.mail.insight.business.hsbc.com/e/er?cid=HBUK%3ANT%3A9915%3AE2%3ACMB%3AL14%3AXXR%3ACAM%3A0%3AXEV%3A3%3A0124%3A001%3AJulyNewsletterService&ElqID=2010325&s=1706134858&lid=149&elqTrackId=C266D86DBC47D29617455DB9039E450D&elq=54614d686e7b47a8b267fbbf2447aba1&elqaid=16966&elqat=1&elqak=8AF5C1019EF554860178D2FC51C75733BADF3BC71E0C40C624208F5E6990FEA141A5>






Your service update from HSBC UK Commercial Banking
Welcome to your monthly service update to help you get the most out of 
banking with HSBC UK. This month you can find the latest update on the UK 
economy and details on our upcoming fraud webinar.

 <https://app.mail.insight.business.hsbc.com/e/er?cid=HBUK%3ANT%3A9915%3AE2%3ACMB%3AL14%3AXXR%3ACAM%3A0%3AXEV%3A3%3A0124%3A001%3AJulyNewsletterService&ElqID=2010325&s=1706134858&lid=15094&elqTrackId=73A483E6825D4E90FBC9980F8555593C&elq=54614d686e7b47a8b267fbbf2447aba1&elqaid=16966&elqat=1&elqak=8AF59DF487A14E51D334F653733608577DD83BC71E0C40C624208F5E6990FEA141A5> 
Watch the video











UK in Focus – Less ‘Liberation’ more ‘Amerexit’

The UK was hit with a 10% tariff from the US; however, the economic impact 
will depend on how both the UK and other governments respond. On the basis 
that the UK opts not to retaliate, we judge the risks to be weighted toward 
weaker growth and disinflation. Indeed, the market reaction has been 
negative, and markets now expect UK interest rates to fall faster than 
pre-tariff announcement. The uncertainty adage is a headache for 
policymakers, particularly the government, who despite restoring the fiscal 
headroom remain vulnerable to economic developments.

 <https://app.mail.insight.business.hsbc.com/e/er?cid=HBUK%3ANT%3A9915%3AE2%3ACMB%3AL14%3AXXR%3ACAM%3A0%3AXEV%3A3%3A0124%3A001%3AJulyNewsletterService&ElqID=2010325&s=1706134858&lid=17002&elqTrackId=8CFB1392285A53FC69445D0C7ACD366D&elq=54614d686e7b47a8b267fbbf2447aba1&elqaid=16966&elqat=1&elqak=8AF5E93786C8F8505D3E2CD56FAAF158FA5E3BC71E0C40C624208F5E6990FEA141A5> 
Read the report










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Webinar: Fraud & Cyber Awareness

Date: Wednesday 21 May, 2025
Time:
• Session 1: 10:00am – 10:45am
• Session 2: 3:00pm – 3:45pm

Join us for a non-technical fraud and cyber awareness webinar where our 
fraud team will be joined by guest speakers Paul Maskall and Catriona Still 
from the Police department - Dedicated Card and Payment Crime Unit, who will 
be discussing Security, Wellbeing & Resilience and the link to Internal 
Fraud in your business.








Register now - Session 1

Register now - Session 2






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Visit business.hsbc.uk 
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    	text-align:center !important;
    }   =20
=20
}


ul {
	list-style: none;
}

 ul li::before {
	content: "\2022";
	color: #ffffff;
	display: inline-block;
	width: 10px;
	margin-left: -10px;
}</style></head><body style=3D"min-width:260px; min-height:100%; =
padding:0; margin:0 auto; background-color:#A6A3A3;"><div =
style=3D"display:none;font-size:1px;color:#333333;line-height:1px;max-hei=
ght:0px;max-width:0px;opacity:0;overflow:hidden;">
    Plus: register for our latest fraud webinar
</div><!--[if (gte mso 9)|(IE)]><center><table border=3D"0" =
cellpadding=3D"0" cellspacing=3D"0" align=3D"center" =
role=3D"presentation"><tr><td width=3D"600"><![endif]-->
<table class=3D"color-wrap" width=3D"100%" cellpadding=3D"0" =
cellspacing=3D"0" style=3D"background:#A6A3A3;" role=3D"presentation">
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    <tr>
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        <table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"max-width:600px;min-width:300px;margin:0 auto;" =
role=3D"presentation">
          <tbody>
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              <td =
style=3D"background-color:transparent;line-height:18px;">
                <table width=3D"100%" cellpadding=3D"0" =
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                              <td =
style=3D"background-color:transparent;line-height:18px;padding:10px 10px =
10px 10px;" class=3D"elq-header-footer-cell cell "><span>
                                 =20
                                </span></td>
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                                      <td =
style=3D"background-color:transparent;line-height:18px;padding:0px 0px =
0px 0px;" class=3D"elq-code-cell cell cell-0">
                                        <div =
style=3D"display:inline-block;width:100%;">
                                          <style>
                                            a {
    text-decoration: none;
}
@media screen and (max-width: 480px) {
    .tolkien-column.tolkien-column-8 {
		text-align:center !important;
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}
 =20
</style>
                                        </div>
                                      </td>
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                                    <tr>
                                      <td =
style=3D"background-color:transparent;line-height:18px;padding:0px 10px =
5px 10px;" class=3D"elq-text-cell cell cell-1">
                                        <div =
style=3D"display:inline-block;width:100%;">
                                          <div style=3D"text-align: =
center;"><a target=3D"_blank" title=3D"" =
href=3D"https://app.mail.insight.business.hsbc.com/e/es?s=3D1706134858&am=
p;e=3D290410&elqTrackId=3Dbff56e7159cd41efb5db64957f07523e&elq=3D54614d68=
6e7b47a8b267fbbf2447aba1&elqaid=3D16966&elqat=3D1&elqak=3D8AF59F52D744EBF=
5C57022C6CDFC71CC87353BC71E0C40C624208F5E6990FEA141A5" =
data-targettype=3D"sysaction" style=3D"color: rgb(0, 0, 0);"><u>View in =
browser</u></a></div>
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cellspacing=3D"0" role=3D"presentation">
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                            <tr>
                              <td =
style=3D"text-align:left;vertical-align:top;font-size:0px">
                                <table class=3D"tolkien-column =
tolkien-column-12 col col-0" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
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sans-serif;font-size:12px;color:#000000;max-width:100%;width:100%;width:-=
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48000%);min-width:480px;min-width:-webkit-calc(100%);min-width:calc(100%)=
;" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td class=3D"elq-image-cell  cell =
cell-0" style=3D"background-color:transparent;line-height:0;padding:30px =
30px 30px 30px;text-align:left;">
                                        <!--[if mso]><table =
width=3D"100%" style=3D"width:100%;height:auto;max-width:181px" =
cellpadding=3D"0" cellspacing=3D"0" border=3D"0"><tr><td =
style=3D"padding-right: 0px; padding-left: 0px;" =
align=3D"left"><![endif]-->
                                        <img =
src=3D"https://images.mail.insight.business.hsbc.com/EloquaImages/clients=
/HSBCGlobalServicesUKLimited/%7B6457c929-4c33-48c6-af62-6f04d5732d13%7D_H=
SBC_Logo-1.jpg" height=3D"40" width=3D"181" =
style=3D"width:100%;height:auto;max-width:181px;" />
                                        <!--[if =
mso]></td></tr></table><![endif]-->
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row-2" role=3D"presentation">
          <tbody>
            <tr>
              <td style=3D"background:#ffffff;">
                <table width=3D"100%" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation">
                  <tbody>
                    <tr>
                      <td>
                        <table width=3D"100%" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation">
                          <tbody>
                            <tr>
                              <td =
style=3D"text-align:left;vertical-align:top;font-size:0px">
                                <table class=3D"tolkien-column =
tolkien-column-12 col col-0" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:100%;width:-=
webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:480px;min-width:-webkit-calc(100%);min-width:calc(100%)=
;" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td class=3D"elq-image-cell  cell =
cell-0" style=3D"background-color:transparent;line-height:0;padding:0px =
0px 0px 0px;text-align:center;">
                                        <!--[if mso]><table =
width=3D"100%" style=3D"width:100%;height:auto;max-width:600px" =
cellpadding=3D"0" cellspacing=3D"0" border=3D"0"><tr><td =
style=3D"padding-right: 0px; padding-left: 0px;" =
align=3D"center"><![endif]--><a target=3D"_blank" =
href=3D"https://app.mail.insight.business.hsbc.com/e/er?cid=3DHBUK%3ANT%3=
A9915%3AE2%3ACMB%3AL14%3AXXR%3ACAM%3A0%3AXEV%3A3%3A0124%3A001%3AJulyNewsl=
etterService&ElqID=3D2010325&s=3D1706134858&lid=3D149&elqTrackId=3DC266D8=
6DBC47D29617455DB9039E450D&elq=3D54614d686e7b47a8b267fbbf2447aba1&elqaid=3D=
16966&elqat=3D1&elqak=3D8AF5C1019EF554860178D2FC51C75733BADF3BC71E0C40C62=
4208F5E6990FEA141A5" data-targettype=3D"webpage">
                                          <img =
src=3D"https://images.mail.insight.business.hsbc.com/EloquaImages/clients=
/HSBCGlobalServicesUKLimited/%7B9550e94e-312f-4012-bc23-479b9c261794%7D_H=
eader_image.png" height=3D"200" width=3D"600" =
style=3D"width:100%;height:auto;max-width:1200px;" /></a>
                                        <!--[if =
mso]></td></tr></table><![endif]-->
                                      </td>
                                    </tr>
                                  </tbody>
                                </table>
                              </td>
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                        </table>
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        <table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"max-width:600px;min-width:300px;margin:0 auto;" class=3D"row =
row-3" role=3D"presentation">
          <tbody>
            <tr>
              <td style=3D"background:#ffffff;">
                <table width=3D"100%" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation">
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                    <tr>
                      <td>
                        <table width=3D"100%" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation">
                          <tbody>
                            <tr>
                              <td =
style=3D"text-align:left;vertical-align:top;font-size:0px">
                                <table class=3D"tolkien-column =
tolkien-column-1 col col-0" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:8.33333333%;=
width:-webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:40px;min-width:-webkit-calc(8.33333333%);min-width:calc=
(8.33333333%);" role=3D"presentation">
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                                    <tr>
                                      <td =
style=3D"height:5px;background-color:transparent;line-height:5px;" =
class=3D"elq-space-cell cell cell-0">
                                        <div =
style=3D"height:5px;font-size:5px;">=C2=A0</div>
                                      </td>
                                    </tr>
                                  </tbody>
                                </table>
                                <!--[if (gte mso 9)|(IE)]></td><td =
width=3D"83.33333333%" =
style=3D"text-align:left;vertical-align:top;font-size:0px"><![endif]-->
                                <table class=3D"tolkien-column =
tolkien-column-10 col col-1" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:83.33333333%=
;width:-webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:400px;min-width:-webkit-calc(83.33333333%);min-width:ca=
lc(83.33333333%);" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td =
style=3D"background-color:transparent;line-height:18px;padding:20px 30px =
0px 30px;" class=3D"elq-text-cell cell cell-0">
                                        <div =
style=3D"display:inline-block;width:100%;">
                                          <div data-lineheight=3D"1.5" =
style=3D"line-height: 39px;"><span style=3D"background-color: =
transparent; font-size: 26px;">Your service update from HSBC UK =
Commercial Banking</span></div>
                                          <div data-lineheight=3D"1.5" =
style=3D"line-height: 24px;"><span style=3D"font-size: 16px; =
background-color: transparent;">Welcome to your monthly service update =
to help you get the most out of banking with HSBC UK. This month you can =
find the latest update on the UK economy and details on our upcoming =
fraud webinar.&nbsp;</span></div>
                                        </div>
                                      </td>
                                    </tr>
                                    <tr>
                                      <td =
style=3D"background-color:transparent;line-height:18px;padding:30px 30px =
30px 30px;" class=3D"elq-button-cell cell cell-1">
                                        <div =
style=3D"text-align:left;font-family:Arial, Helvetica, sans-serif;">
                                          <div>

                                            <!--[if gte mso 9]>
          <div title=3D"Read the report now " =
data-targettype=3D"webpage" data-targetname=3D"" =
style=3D"text-decoration: none;">
            <table class=3D"null" cellSpacing=3D"0" cellPadding=3D"0" =
style=3D"display: inline-table;font-size: 12px; border: =
0px;border-spacing: 0px;border-collapse: separate;vertical-align: =
top;margin: 0px auto; width: initial; table-layout: fixed;">
              <tbody>
                <tr style=3D"vertical-align: top;">
                  <td style=3D"font-family: Arial, Helvetica, =
sans-serif; vertical-align: middle; word-wrap: break-word; =
overflow-wrap: break-word; color: #fff; text-align: center; =
background-color: #DB0011; padding: 10px 15px 10px 15px; border-radius: =
4px; border: 2px none #000000;">
        <![endif]-->
                                          </div><a =
href=3D"https://app.mail.insight.business.hsbc.com/e/er?cid=3DHBUK%3ANT%3=
A9915%3AE2%3ACMB%3AL14%3AXXR%3ACAM%3A0%3AXEV%3A3%3A0124%3A001%3AJulyNewsl=
etterService&ElqID=3D2010325&s=3D1706134858&lid=3D15094&elqTrackId=3D73A4=
83E6825D4E90FBC9980F8555593C&elq=3D54614d686e7b47a8b267fbbf2447aba1&elqai=
d=3D16966&elqat=3D1&elqak=3D8AF59DF487A14E51D334F653733608577DD83BC71E0C4=
0C624208F5E6990FEA141A5" target=3D"_blank" title=3D"Read the report now =
" data-targettype=3D"webpage" data-targetname=3D"" =
style=3D"text-decoration:none;vertical-align:middle;word-wrap:break-word;=
overflow-wrap:break-word;color:#fff;text-align:center;background-color:#D=
B0011;padding:10px 15px 10px =
15px;border-radius:4px;display:inline-block;max-width:100%;width:auto;"><=
span =
style=3D"background-color:#DB0011;cursor:pointer;text-decoration:none;use=
r-select:none;"><span><strong style=3D"font-size: 16px;">Watch the =
video</strong></span></span></a>
                                          <div>
                                            <!--[if gte mso =
9]></td></tr></tbody></table></div><![endif]-->
                                          </div>
                                        </div>
                                      </td>
                                    </tr>
                                    <tr>
                                      <td =
style=3D"background-color:transparent;line-height:18px;padding:0px 0px =
30px 0px;" class=3D"elq-divider-cell cell cell-2">
                                        <center>
                                          <table width=3D"100%">
                                            <tbody>
                                              <tr>
                                                <td =
style=3D"border-top-width:1px;border-top-style:solid;border-top-color:#73=
7373;">
                                                  <div =
style=3D"display:none;">=C2=A0</div>
                                                </td>
                                              </tr>
                                            </tbody>
                                          </table>
                                        </center>
                                      </td>
                                    </tr>
                                  </tbody>
                                </table>
                                <!--[if (gte mso 9)|(IE)]></td><td =
width=3D"8.33333333%" =
style=3D"text-align:left;vertical-align:top;font-size:0px"><![endif]-->
                                <table class=3D"tolkien-column =
tolkien-column-1 col col-2" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:8.33333333%;=
width:-webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:40px;min-width:-webkit-calc(8.33333333%);min-width:calc=
(8.33333333%);" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td =
style=3D"height:5px;background-color:transparent;line-height:5px;" =
class=3D"elq-space-cell cell cell-0">
                                        <div =
style=3D"height:5px;font-size:5px;">=C2=A0</div>
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              </td>
            </tr>
          </tbody>
        </table>
        <table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"max-width:600px;min-width:300px;margin:0 auto;" class=3D"row =
row-4" role=3D"presentation">
          <tbody>
            <tr>
              <td style=3D"background:#ffffff;">
                <table width=3D"100%" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation">
                  <tbody>
                    <tr>
                      <td>
                        <table width=3D"100%" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation">
                          <tbody>
                            <tr>
                              <td =
style=3D"text-align:left;vertical-align:top;font-size:0px">
                                <table class=3D"tolkien-column =
tolkien-column-1 col col-0" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:8.33333333%;=
width:-webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:40px;min-width:-webkit-calc(8.33333333%);min-width:calc=
(8.33333333%);" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td =
style=3D"height:5px;background-color:transparent;line-height:5px;" =
class=3D"elq-space-cell cell cell-0">
                                        <div =
style=3D"height:5px;font-size:5px;">=C2=A0</div>
                                      </td>
                                    </tr>
                                  </tbody>
                                </table>
                                <!--[if (gte mso 9)|(IE)]></td><td =
width=3D"83.33333333%" =
style=3D"text-align:left;vertical-align:top;font-size:0px"><![endif]-->
                                <table class=3D"tolkien-column =
tolkien-column-10 col col-1" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:83.33333333%=
;width:-webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:400px;min-width:-webkit-calc(83.33333333%);min-width:ca=
lc(83.33333333%);" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td =
style=3D"background-color:transparent;line-height:18px;padding:0px 30px =
0px 30px;" class=3D"elq-text-cell cell cell-0">
                                        <div =
style=3D"display:inline-block;width:100%;">
                                          <div data-lineheight=3D"1.5" =
style=3D"line-height: 39px;"><span style=3D"font-size: 26px;">UK in =
Focus =E2=80=93 Less =E2=80=98Liberation=E2=80=99 more =
=E2=80=98Amerexit=E2=80=99</span></div>
                                          <div data-lineheight=3D"1.5" =
style=3D"line-height: 18px;"><br></div>
                                          <div data-lineheight=3D"1.5" =
style=3D"line-height: 24px;"><span style=3D"font-size: 16px;">The UK was =
hit with a 10% tariff from the US; however, the economic impact will =
depend on how both the UK and other governments respond. On the basis =
that the UK opts not to retaliate, we judge the risks to be weighted =
toward weaker growth and disinflation. Indeed, the market reaction has =
been negative, and markets now expect UK interest rates to fall faster =
than pre-tariff announcement. The uncertainty adage is a headache for =
policymakers, particularly the government, who despite restoring the =
fiscal headroom remain vulnerable to economic developments. =
</span></div>
                                        </div>
                                      </td>
                                    </tr>
                                    <tr>
                                      <td =
style=3D"background-color:transparent;line-height:18px;padding:30px 30px =
30px 30px;" class=3D"elq-button-cell cell cell-1">
                                        <div =
style=3D"text-align:left;font-family:Arial, Helvetica, sans-serif;">
                                          <div>

                                            <!--[if gte mso 9]>
          <div title=3D"Find out more" data-targettype=3D"webpage" =
data-targetname=3D"" style=3D"text-decoration: none;">
            <table class=3D"null" cellSpacing=3D"0" cellPadding=3D"0" =
style=3D"display: inline-table;font-size: 12px; border: =
0px;border-spacing: 0px;border-collapse: separate;vertical-align: =
top;margin: 0px auto; width: initial; table-layout: fixed;">
              <tbody>
                <tr style=3D"vertical-align: top;">
                  <td style=3D"font-family: Arial, Helvetica, =
sans-serif; vertical-align: middle; word-wrap: break-word; =
overflow-wrap: break-word; color: #fff; text-align: center; =
background-color: #DB0011; padding: 10px 15px 10px 15px; border-radius: =
4px; border: 2px none #000000;">
        <![endif]-->
                                          </div><a =
href=3D"https://app.mail.insight.business.hsbc.com/e/er?cid=3DHBUK%3ANT%3=
A9915%3AE2%3ACMB%3AL14%3AXXR%3ACAM%3A0%3AXEV%3A3%3A0124%3A001%3AJulyNewsl=
etterService&ElqID=3D2010325&s=3D1706134858&lid=3D17002&elqTrackId=3D8CFB=
1392285A53FC69445D0C7ACD366D&elq=3D54614d686e7b47a8b267fbbf2447aba1&elqai=
d=3D16966&elqat=3D1&elqak=3D8AF5E93786C8F8505D3E2CD56FAAF158FA5E3BC71E0C4=
0C624208F5E6990FEA141A5" target=3D"_blank" title=3D"Find out more" =
data-targettype=3D"webpage" data-targetname=3D"" =
style=3D"text-decoration:none;vertical-align:middle;word-wrap:break-word;=
overflow-wrap:break-word;color:#fff;text-align:center;background-color:#D=
B0011;padding:10px 15px 10px =
15px;border-radius:4px;display:inline-block;max-width:100%;width:auto;"><=
span =
style=3D"background-color:#DB0011;cursor:pointer;text-decoration:none;use=
r-select:none;"><span><strong style=3D"font-size: 16px;">Read the =
report</strong></span></span></a>
                                          <div>
                                            <!--[if gte mso =
9]></td></tr></tbody></table></div><![endif]-->
                                          </div>
                                        </div>
                                      </td>
                                    </tr>
                                    <tr>
                                      <td =
style=3D"background-color:transparent;line-height:18px;padding:10px 0px =
15px 0px;" class=3D"elq-divider-cell cell cell-2">
                                        <center>
                                          <table width=3D"100%">
                                            <tbody>
                                              <tr>
                                                <td =
style=3D"border-top-width:1px;border-top-style:solid;border-top-color:#73=
7373;">
                                                  <div =
style=3D"display:none;">=C2=A0</div>
                                                </td>
                                              </tr>
                                            </tbody>
                                          </table>
                                        </center>
                                      </td>
                                    </tr>
                                  </tbody>
                                </table>
                                <!--[if (gte mso 9)|(IE)]></td><td =
width=3D"8.33333333%" =
style=3D"text-align:left;vertical-align:top;font-size:0px"><![endif]-->
                                <table class=3D"tolkien-column =
tolkien-column-1 col col-2" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:8.33333333%;=
width:-webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:40px;min-width:-webkit-calc(8.33333333%);min-width:calc=
(8.33333333%);" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td =
style=3D"height:5px;background-color:transparent;line-height:5px;" =
class=3D"elq-space-cell cell cell-0">
                                        <div =
style=3D"height:5px;font-size:5px;">=C2=A0</div>
                                      </td>
                                    </tr>
                                  </tbody>
                                </table>
                              </td>
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                          </tbody>
                        </table>
                      </td>
                    </tr>
                  </tbody>
                </table>
              </td>
            </tr>
          </tbody>
        </table>
        <table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"max-width:600px;min-width:300px;margin:0 auto;" class=3D"row =
row-5" role=3D"presentation">
          <tbody>
            <tr>
              <td style=3D"background:#ffffff;">
                <table width=3D"100%" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation">
                  <tbody>
                    <tr>
                      <td>
                        <table width=3D"100%" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation">
                          <tbody>
                            <tr>
                              <td =
style=3D"text-align:left;vertical-align:top;font-size:0px">
                                <table class=3D"tolkien-column =
tolkien-column-1 col col-0" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:8.33333333%;=
width:-webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:40px;min-width:-webkit-calc(8.33333333%);min-width:calc=
(8.33333333%);" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td =
style=3D"height:5px;background-color:transparent;line-height:5px;" =
class=3D"elq-space-cell cell cell-0">
                                        <div =
style=3D"height:5px;font-size:5px;">=C2=A0</div>
                                      </td>
                                    </tr>
                                  </tbody>
                                </table>
                                <!--[if (gte mso 9)|(IE)]></td><td =
width=3D"83.33333333%" =
style=3D"text-align:left;vertical-align:top;font-size:0px"><![endif]-->
                                <table class=3D"tolkien-column =
tolkien-column-10 col col-1" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:83.33333333%=
;width:-webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:400px;min-width:-webkit-calc(83.33333333%);min-width:ca=
lc(83.33333333%);" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td class=3D"elq-image-cell  cell =
cell-0" style=3D"background-color:transparent;line-height:0;padding:15px =
0px 0px 0px;text-align:center;">
                                        <!--[if mso]><table =
width=3D"100%" style=3D"width:100%;height:auto;max-width:500px" =
cellpadding=3D"0" cellspacing=3D"0" border=3D"0"><tr><td =
style=3D"padding-right: 0px; padding-left: 0px;" =
align=3D"center"><![endif]-->
                                        <img =
src=3D"https://images.mail.insight.business.hsbc.com/EloquaImages/clients=
/HSBCGlobalServicesUKLimited/%7B573403df-2d1d-4207-99b6-17b39f613ef9%7D_U=
K_in_focus.png" height=3D"136" width=3D"500" =
style=3D"width:100%;height:auto;max-width:1016px;" />
                                        <!--[if =
mso]></td></tr></table><![endif]-->
                                      </td>
                                    </tr>
                                  </tbody>
                                </table>
                                <!--[if (gte mso 9)|(IE)]></td><td =
width=3D"8.33333333%" =
style=3D"text-align:left;vertical-align:top;font-size:0px"><![endif]-->
                                <table class=3D"tolkien-column =
tolkien-column-1 col col-2" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:8.33333333%;=
width:-webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:40px;min-width:-webkit-calc(8.33333333%);min-width:calc=
(8.33333333%);" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td =
style=3D"height:5px;background-color:transparent;line-height:5px;" =
class=3D"elq-space-cell cell cell-0">
                                        <div =
style=3D"height:5px;font-size:5px;">=C2=A0</div>
                                      </td>
                                    </tr>
                                  </tbody>
                                </table>
                              </td>
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                          </tbody>
                        </table>
                      </td>
                    </tr>
                  </tbody>
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              </td>
            </tr>
          </tbody>
        </table>
        <table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"max-width:600px;min-width:300px;margin:0 auto;" class=3D"row =
row-6" role=3D"presentation">
          <tbody>
            <tr>
              <td style=3D"background:#ffffff;">
                <table width=3D"100%" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation">
                  <tbody>
                    <tr>
                      <td>
                        <table width=3D"100%" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation">
                          <tbody>
                            <tr>
                              <td =
style=3D"text-align:left;vertical-align:top;font-size:0px">
                                <table class=3D"tolkien-column =
tolkien-column-1 col col-0" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:8.33333333%;=
width:-webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:40px;min-width:-webkit-calc(8.33333333%);min-width:calc=
(8.33333333%);" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td =
style=3D"height:5px;background-color:transparent;line-height:5px;" =
class=3D"elq-space-cell cell cell-0">
                                        <div =
style=3D"height:5px;font-size:5px;">=C2=A0</div>
                                      </td>
                                    </tr>
                                  </tbody>
                                </table>
                                <!--[if (gte mso 9)|(IE)]></td><td =
width=3D"83.33333333%" =
style=3D"text-align:left;vertical-align:top;font-size:0px"><![endif]-->
                                <table class=3D"tolkien-column =
tolkien-column-10 col col-1" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:83.33333333%=
;width:-webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:400px;min-width:-webkit-calc(83.33333333%);min-width:ca=
lc(83.33333333%);" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td =
style=3D"background-color:transparent;line-height:18px;padding:10px 10px =
10px 10px;" class=3D"elq-text-cell cell cell-0">
                                        <div =
style=3D"display:inline-block;width:100%;">
                                          <div data-lineheight=3D"1.5" =
style=3D"line-height: 39px;"><span style=3D"font-size: 26px;">Webinar: =
Fraud &amp; Cyber Awareness</span></div>
                                          <div data-lineheight=3D"1.5" =
style=3D"line-height: 18px;"><br></div>
                                          <div data-lineheight=3D"1.5" =
style=3D"line-height: 24px;"><strong style=3D"font-size: 16px;">Date: =
Wednesday 21 May, 2025</strong></div>
                                          <div data-lineheight=3D"1.5" =
style=3D"line-height: 24px;"><strong style=3D"font-size: =
16px;">Time:</strong></div>
                                          <div data-lineheight=3D"1.5" =
style=3D"line-height: 24px;"><strong style=3D"font-size: =
16px;">=E2=80=A2 Session 1: 10:00am =E2=80=93 10:45am</strong></div>
                                          <div data-lineheight=3D"1.5" =
style=3D"line-height: 24px;"><strong style=3D"font-size: =
16px;">=E2=80=A2 Session 2: 3:00pm =E2=80=93 3:45pm</strong></div>
                                          <div data-lineheight=3D"1.5" =
style=3D"line-height: 18px;"><br></div>
                                          <div data-lineheight=3D"1.5" =
style=3D"line-height: 24px;"><span style=3D"font-size: 16px;">Join us =
for a non-technical fraud and cyber awareness webinar where our fraud =
team will be joined by guest speakers Paul Maskall and Catriona Still =
from the Police department - Dedicated Card and Payment Crime Unit, who =
will be discussing Security, Wellbeing &amp; Resilience and the link to =
Internal Fraud in your business.&nbsp;</span></div>
                                        </div>
                                      </td>
                                    </tr>
                                  </tbody>
                                </table>
                                <!--[if (gte mso 9)|(IE)]></td><td =
width=3D"8.33333333%" =
style=3D"text-align:left;vertical-align:top;font-size:0px"><![endif]-->
                                <table class=3D"tolkien-column =
tolkien-column-1 col col-2" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:8.33333333%;=
width:-webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:40px;min-width:-webkit-calc(8.33333333%);min-width:calc=
(8.33333333%);" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td =
style=3D"height:5px;background-color:transparent;line-height:5px;" =
class=3D"elq-space-cell cell cell-0">
                                        <div =
style=3D"height:5px;font-size:5px;">=C2=A0</div>
                                      </td>
                                    </tr>
                                  </tbody>
                                </table>
                              </td>
                            </tr>
                          </tbody>
                        </table>
                      </td>
                    </tr>
                  </tbody>
                </table>
              </td>
            </tr>
          </tbody>
        </table>
        <table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"max-width:600px;min-width:300px;margin:0 auto;" class=3D"row =
row-7" role=3D"presentation">
          <tbody>
            <tr>
              <td style=3D"background:#ffffff;">
                <table width=3D"100%" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation">
                  <tbody>
                    <tr>
                      <td>
                        <table width=3D"100%" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation">
                          <tbody>
                            <tr>
                              <td =
style=3D"text-align:left;vertical-align:top;font-size:0px">
                                <table class=3D"tolkien-column =
tolkien-column-1 col col-0" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:8.33333333%;=
width:-webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:40px;min-width:-webkit-calc(8.33333333%);min-width:calc=
(8.33333333%);" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td =
style=3D"height:5px;background-color:transparent;line-height:5px;" =
class=3D"elq-space-cell cell cell-0">
                                        <div =
style=3D"height:5px;font-size:5px;">=C2=A0</div>
                                      </td>
                                    </tr>
                                  </tbody>
                                </table>
                                <!--[if (gte mso 9)|(IE)]></td><td =
width=3D"91.66666667%" =
style=3D"text-align:left;vertical-align:top;font-size:0px"><![endif]-->
                                <table class=3D"tolkien-column =
tolkien-column-11 col col-1" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:91.66666667%=
;width:-webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:440px;min-width:-webkit-calc(91.66666667%);min-width:ca=
lc(91.66666667%);" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td =
style=3D"background-color:transparent;line-height:18px;padding:10px 15px =
10px 15px;" class=3D"elq-button-cell cell cell-0">
                                        <div =
style=3D"text-align:left;font-family:Arial, Helvetica, sans-serif;">
                                          <div>

                                            <!--[if gte mso 9]>
          <div title=3D"" data-targettype=3D"nohyperlink" =
data-targetname=3D"" style=3D"text-decoration: none;">
            <table class=3D"null" cellSpacing=3D"0" cellPadding=3D"0" =
style=3D"display: inline-table;font-size: 12px; border: =
0px;border-spacing: 0px;border-collapse: separate;vertical-align: =
top;margin: 0px auto; width: initial; table-layout: fixed;">
              <tbody>
                <tr style=3D"vertical-align: top;">
                  <td style=3D"font-family: Arial, Helvetica, =
sans-serif; vertical-align: middle; word-wrap: break-word; =
overflow-wrap: break-word; color: #fff; text-align: center; =
background-color: #DB0011; padding: 10px 20px 10px 20px; border-radius: =
4px; border: 2px none #000000;">
        <![endif]-->
                                          </div><a href=3D"#" =
target=3D"_blank" title=3D"" data-targettype=3D"nohyperlink" =
data-targetname=3D"" =
style=3D"text-decoration:none;vertical-align:middle;word-wrap:break-word;=
overflow-wrap:break-word;color:#fff;text-align:center;background-color:#D=
B0011;padding:10px 20px 10px =
20px;border-radius:4px;display:inline-block;max-width:100%;width:auto;"><=
span =
style=3D"background-color:#DB0011;cursor:pointer;text-decoration:none;use=
r-select:none;"><span><strong style=3D"color: rgb(255, 255, 255); =
font-family: Arial, Helvetica, sans-serif; font-size: 16px;">Register =
now - Session 1</strong></span></span></a>
                                          <div>
                                            <!--[if gte mso =
9]></td></tr></tbody></table></div><![endif]-->
                                          </div>
                                        </div>
                                      </td>
                                    </tr>
                                    <tr>
                                      <td =
style=3D"background-color:transparent;line-height:18px;padding:10px 15px =
10px 15px;" class=3D"elq-button-cell cell cell-1">
                                        <div =
style=3D"text-align:left;font-family:Arial, Helvetica, sans-serif;">
                                          <div>

                                            <!--[if gte mso 9]>
          <div title=3D"" data-targettype=3D"nohyperlink" =
data-targetname=3D"" style=3D"text-decoration: none;">
            <table class=3D"null" cellSpacing=3D"0" cellPadding=3D"0" =
style=3D"display: inline-table;font-size: 12px; border: =
0px;border-spacing: 0px;border-collapse: separate;vertical-align: =
top;margin: 0px auto; width: initial; table-layout: fixed;">
              <tbody>
                <tr style=3D"vertical-align: top;">
                  <td style=3D"font-family: Arial, Helvetica, =
sans-serif; vertical-align: middle; word-wrap: break-word; =
overflow-wrap: break-word; color: #fff; text-align: center; =
background-color: #DB0011; padding: 10px 20px 10px 20px; border-radius: =
4px; border: 2px none #000000;">
        <![endif]-->
                                          </div><a href=3D"#" =
target=3D"_blank" title=3D"" data-targettype=3D"nohyperlink" =
data-targetname=3D"" =
style=3D"text-decoration:none;vertical-align:middle;word-wrap:break-word;=
overflow-wrap:break-word;color:#fff;text-align:center;background-color:#D=
B0011;padding:10px 20px 10px =
20px;border-radius:4px;display:inline-block;max-width:100%;width:auto;"><=
span =
style=3D"background-color:#DB0011;cursor:pointer;text-decoration:none;use=
r-select:none;"><span><strong style=3D"font-size: 16px; font-family: =
Arial, Helvetica, sans-serif; color: rgb(255, 255, 255);">Register now - =
Session 2</strong></span></span></a>
                                          <div>
                                            <!--[if gte mso =
9]></td></tr></tbody></table></div><![endif]-->
                                          </div>
                                        </div>
                                      </td>
                                    </tr>
                                  </tbody>
                                </table>
                              </td>
                            </tr>
                          </tbody>
                        </table>
                      </td>
                    </tr>
                  </tbody>
                </table>
              </td>
            </tr>
          </tbody>
        </table>
        <table width=3D"100%" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"max-width:600px;min-width:300px;margin:0 auto;" class=3D"row =
row-8" role=3D"presentation">
          <tbody>
            <tr>
              <td style=3D"background:#ffffff;">
                <table width=3D"100%" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation">
                  <tbody>
                    <tr>
                      <td>
                        <table width=3D"100%" cellpadding=3D"0" =
cellspacing=3D"0" role=3D"presentation">
                          <tbody>
                            <tr>
                              <td =
style=3D"text-align:left;vertical-align:top;font-size:0px">
                                <table class=3D"tolkien-column =
tolkien-column-12 col col-0" cellpadding=3D"0" cellspacing=3D"0" =
style=3D"vertical-align:top;display:inline-table;background:transparent;t=
able-layout:fixed;font-family:Arial, Helvetica, =
sans-serif;font-size:12px;color:#000000;max-width:100%;width:100%;width:-=
webkit-calc(230400px - 48000%);width:calc(230400px - =
48000%);min-width:480px;min-width:-webkit-calc(100%);min-width:calc(100%)=
;" role=3D"presentation">
                                  <tbody>
                                    <tr>
                                      <td =
style=3D"height:30px;background-color:transparent;line-height:30px;" =
class=3D"elq-space-cell cell cell-0">
                                        <div =
style=3D"height:30px;font-size:30px;">=C2=A0</div>
                                      </td>
                                    </tr>
                                    <tr>
                                      <td =
style=3D"background-color:#F0F0F0;line-height:18px;padding:0px 0px 0px =
0px;" class=3D"elq-code-cell cell cell-1">
                                        <div =
style=3D"display:inline-block;width:100%;">
                                          <table>
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			<td align=3D"left" height=3D"8" valign=3D"top">Issued by The Hongkong =
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			<td align=3D"left" height=3D"8" valign=3D"top">&copy; Copyright 2025. =
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