A Caerphilly-based environmental biotechnology firm has secured a £3.9m funding line from HSBC UK to support its growth plans. Established in 2009, Biological Preparations specialises in replacing harmful, non-renewable chemicals with adaptive biotechnology that cleans, disinfects, augments, remediates and protects a range of environments. The switch to HSBC has doubled the firm’s working capital...
HSBC has taken on Deutsche Bank’s Adam Bagshaw as global co-head of advisory and investment banking coverage, according to an internal memo seen by Financial News. This is the latest key appointment made despite the lender’s overall hiring freeze and makes him one of the most senior investment bankers globally. Bagshaw was latterly co-head of corporate finance for Europe, the Middle East and...
A pipe-fitting manufacturing plant is set to go green thanks to funding from HSBC bank. Family-owned Flowflex Components makes brass fittings for pipes used in plumbing and heating supplies, and has received a six-figure funding package from HSBC UK to support the installation of 990 solar panels on its premises in Buxton, Derbyshire. When installed, the photovoltaic solar panels will deliver a...