HSBC

HSBC to conduct ‘strategic review’ of HSBC Life

The bank says this comes under the group’s global ‘ongoing simplification’ drive

HSBC is working on a potential significant risk transfer while finalising a US$14 billion takeover of Hang Seng Bank.

HSBC plans risk transfer linked to 2 billion euros of corporate loans

It enables the bank to boost its solvency ratios and reduce reliance on less shareholder-friendly options

HSBC says the bank is committed to Singapore as an international wealth and wholesale hub.

HSBC considers selling Singapore insurance business: sources

A sale would follow other HSBC disposals in Europe and North America

Atome has secured a bigger credit facility to accelerate its expansion.

Atome secures bigger US$345 million credit facility, HSBC and DBS among lenders

The new credit line will also be used to expand its Pay Later Anywhere card in Singapore, Malaysia and the Philippines

HSBC Asset Management had assets under management worth US$852 billion as of the end of September last year.

HSBC launches UAE asset management business to tap into wealth influx 

The bank has focused its growth efforts on regions such as Asia and the Middle East

The trades in the HSBC case involved Paris traders intervening in transactions that were orchestrated from London, to avoid French taxes.

HSBC agrees to pay 300 million euros to end French tax dividend probes

The settlement recognises the bank’s cooperation and the corrective measures it took to address the historic issues

Founded in 1933, Hang Seng is one of Hong Kong’s largest banks, serving about four million customers through digital platforms and more than 250 branches across the city.

Hang Seng Bank shareholders approve HSBC’s US$13.6 billion buyout proposal

Hong Kong’s high court will decide in a hearing on Jan 23 whether the take-private plan can be executed

James Cheo has more than two decades of experience in multi-asset strategy, macroeconomic research and thematic investing.

HSBC veteran James Cheo to join UBS in senior Apac role

He will be based in Singapore and report directly to Tan Min Lan, head of chief investment office, Apac

Doing what I do, I got to make sure that the right capabilities are brought to the right clients at the right time, says Lim Pang Qi, HSBC Asset Management’s chief executive for South-east Asia and Singapore.

Being a good asset manager is like conducting an orchestra: HSBC’s Lim Pang Qi

As HSBC Asset Management’s CEO for South-east Asia and Singapore, he ensures the bank’s teams gel and tracks changes in clients’ needs