Business
Affluent Singapore respondents say they need US$1.39 million to retire comfortably: HSBC survey
Affluent investors based in Singapore said they will need US$1.39 million on average to retire comfortably – well above the global average…
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HSBC
Business
HSBC expands UK wealth bet in race to £100 billion asset goal
HSBC Holdings is ramping up growth plans for its UK wealth-management operations as Europe’s largest bank seeks to double the assets it…
Business
HSBC private banking arm names new Apac head of wealth planning
Ann Ling brings more than two decades of financial services experience to the role, which she will assume on Jul 1 HSBC Global Private…
Business
HSBC sees ‘huge opportunities’ for Singapore businesses in India’s fast-changing economy
Companies based in Singapore are well-positioned to seize “huge opportunities” in India’s rapidly evolving economy, said two senior HSBC…
Business
HSBC names new Head of Wealth and Premier Solutions for Singapore
HSBC announced on Friday (Jun 20) that it has appointed Ishan Sarkar as the bank’s new head of wealth and premier solutions (WPS). He will…
Business
HSBC chair Tucker to return to Asia insurer AIA after overseeing bank overhaul
HSBC Holdings’ high-profile chairman Mark Tucker will return to the insurance sector as chair of Hong Kong-based AIA Group, after having…
Business
HSBC cuts dozens of analyst jobs in investment banking overhaul
HSBC Holdings has culled more than two dozen analysts in recent days as Europe’s largest lender deepens a restructuring of its investment…
Business
HSBC revamps financing, advisory to help private credit push
HSBC Holdings is reorganising its capital markets and corporate advisory units into a new business as part of a plan aimed at helping…
Business
HSBC warns trade turmoil poses serious risks to global growth
Shifting global trade relations have increased economic uncertainty with serious risks to growth, making it difficult for international…
Business
HSBC to lose Asia expert as chairman Mark Tucker announces retirement
HSBC said on Thursday (May 1) that chairman Mark Tucker will retire by the end of this year, after nearly eight years in the role at…
Business
HSBC Q1 profit drops 25%; launches US$3 billion share buyback
launched a US$3 billion share buyback after reporting a 25 per cent fall in first-quarter profit on Tuesday due to one time charges…
Business
HSBC launches wealth centre at Star Vista, seeks to deepen local wealth banking network
HSBC Singapore has launched its newest wealth centre in Singapore at The Star Vista mall in Buona Vista, marking the second of three…
Business
HSBC axes 40 dealmakers in Hong Kong as part of revamp to cut costs: source
HSBC has laid off around 40 investment bankers in Hong Kong, according to a source with direct knowledge of the matter, as part of a…
Business
HSBC hires ex-BNP banker Sun as head of debt markets for Asia
HSBC Holdings hired former BNP Paribas banker George Sun as head of global debt markets for Asia, attracting an outsider even as the bank…
Business
Macquarie, HSBC to start talks to join Australia Post pact
Australia Post has one of the largest retail networks nationally and runs more than 4,000 post offices A TRIO of major lenders may join a…
Fashion
‘Dior is Back’ – But Sephora Could Be Spun Off: HSBC
Revisiting an idea luxury analysts plumped for decades ago, HSBC is suggesting Sephora “may not prove to be a good fit” for LVMH Moët…
Business
HSBC upgrades Grab to ‘buy’ on attractive valuations, growth drivers ahead
HSBC upgraded its rating on ride-hailing giant Grab to a “buy” on attractive valuations and “intact” growth drivers, while Maybank…
Business
HSBC plans biggest investment banking retrenchment in decades
HSBC plans to wind down its M&A and some equities businesses in Europe and the Americas, the bank said on Tuesday (Jan 28), accelerating a…
Business
HSBC said to explore options for consumer banking in Australia - The Business Times
HSBC Holdings is studying options for its consumer banking business in Australia including a potential sale as the bank looks to further…
Business
HSBC appoints Citi veteran as its new head of international wealth hub for Singapore
HSBC has appointed 22-year veteran Jil Chin as its new head of international wealth hub for Singapore, as the company leads efforts to…
Business
HSBC sued by Australian regulator for bank scam loss failures
AUSTRALIA’S markets watchdog sued HSBC Bank of Australia for failing to protect customers who lost millions of US dollars in scams. HSBC…
News
Australia takes HSBC to court over neglecting scam victims
(Reuters) -Australia's corporate regulator has initiated legal action against the local affiliate of the global bank HSBC, claiming it…
Business
IFC, HSBC inks US$1 billion risk-sharing facility to boost trade financing in emerging markets
The two will equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countries THE International…
Business
IFC, HSBC ink US$1 billion risk-sharing facility to boost trade financing in emerging markets
The two will equally share the risk on a portfolio of trade-related assets held by emerging-market banks in 20 countries THE International…