The Business Times

HSBC

Companies & Markets

HSBC brings startup-focused Innovation Banking to Singapore, allocates US$1.5 billion to finance high-growth companies

HSBC posted about US$700 million of charges related to the commercial real estate sector during the first nine months.
Property

HSBC warns Hong Kong commercial property under pressure as amid rising bad loans

HSBC has been shutting its mergers and acquisition and equity underwriting operations in the US, UK and continental Europe, causing job reductions in those regions.
Banking & Finance

HSBC is bullish on 2025 despite hit from Madoff provision

HSBC became entangled in the Madoff scandal through its role as service provider to several funds that invested with Bernard L. Madoff Investment Securities LLC. Madoff (pictured) received 150 years' imprisonment for masterminding the largest known Ponzi scheme in history, worth an estimated US$65 billion.
Banking & Finance

HSBC to book US$1.1 billion provision after Luxembourg court ruling in Madoff case

Michael Roberts, HSBC’s head of corporate and institutional banking, warned that fraudsters were “getting better” and that the banking industry needed to up its game.
Banking & Finance

HSBC not exposed to the collapse of scandal-hit First Brands Group

Georges Elhedery has struck a noticeably bullish tone on Hong Kong as a financial centre, predicting that the Chinese city will surpass Switzerland by the end of the decade.
Global Enterprise

HSBC’s top boss bets US$14 billion on Hong Kong in push for growth

HSBC currently owns about 63% of Hang Seng Bank and will spend about US$14 billion buying up the shares it doesn’t already hold.
Global Enterprise

HSBC plans to privatise Hang Seng at US$37 billion valuation

Roughly half of HSBC’s Hong Kong CRE exposure comes from Hang Seng.
Property

HSBC is tackling Hong Kong’s commercial real estate crisis

Affluent investors no longer see retirement as a single phase, but as a series of intentional pauses or "mini-retirements" from their career to realign and reinvent themselves.
Future of Insurance 2025Wealth & Investing
FUTURE OF INSURANCE

Redefining retirement: Insurance as a distinct asset class

Budget 2025: Onward Together for a Better Tomorrow
Future of Insurance 2025Wealth & Investing
FUTURE OF INSURANCE

Bright spots in longevity, wealth transfer and legacy planning

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