HSBC

HSBC to shut Raffles Place branch amid deeper push into wealth management

The bank has three other wealth centres in the city-state, with one more to be added in February this year

Mizuho acquired Greenhill in 2023 as the Japanese bank sought to accelerate growth and expand its global investment banking business.

Mizuho adds HSBC, JPMorgan, Deutsche Bank hires in wave

The firm has also hired a former head of insurance for Europe, the Middle East and Africa at HSBC in Paris

Analysts have also said that they believe Barclays and HSBC can raise their targets by as much as 200 basis points when they set out guidance for the coming years.

British banks to join European rivals in hiking profit targets: sources

In continental Europe, many banks have already lifted their profit goals, signalling confidence higher margins will last for years

Insurance underwrites risks that unfold over decades, often across a policyholder’s working life and into retirement.
THE BROAD VIEW

Singapore’s insurance sector needs strategic consolidation, not perpetual flux

Potential sale of HSBC Life in the Republic highlights challenges posed by a fragmented market to both insurers and consumers

Europe’s largest bank would likely get even bigger and held out the prospect of a more than 50 per cent advance in the company’s shares, which are currently trading around all-time highs.

HSBC on course for £300 billion valuation, top executive says

[LONDON] Weeks after its market value rose above £200 billion (S$344.6 billion) for the first time in its history, HSBC Holdings is now on course for a capitalisation in excess of £300 billion, accord...

The review will cover only HSBC Life Singapore, and consider all options for the insurance manufacturing business. No decision has been made.

HSBC weighs future of Singapore life insurance business as analysts assess impact on wealth strategy

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