HSBC

London-headquartered and Shanghai Banking Corporation, or HSBC, is one of the world's biggest financial institutions. Founded on 1865 in Hong Kong, it is now the second largest bank in Europe, just behind BNP Paribas.
See below for the Latest HSBC News, Analysis, Profit Results, Share Price Information, and Commentary.

Singapore’s NETS boosts touchless payment options

Singapore’s NETS boosts touchless payment options

Consumers can now use their Mastercard and Visa debit cards to make NETS contactless payments locally.

HSBC Singapore, MSIG enter 15-year bancassurance partnership

MSIG will distribute commercial and personal insurance solutions to HSBC’s SG customers.

HSBC taps former Citi head to lead its wealth and personal banking business

Ashmita Acharya will take over the post on 18 January 2023.

HSBC Singapore opens new HQ

The new office will house 4,000 employees.

Chart of the day: Physical, mental and financial wellbeing are interconnected: study

The study observed that when one aspect of wellbeing improves the othe improves as well.

Financing platform Funding Societies clinches US$50m loan with HSBC SG

It will use the money to extend more loans to SMEs in Southeast Asia.

How Singapore banks are closing the gender gap

Most banks have already exceeded the 2021 regional average of 18.5% employed women per firm.

HSBC renews bancassurance partnership with Allianz

It will cover six markets, with HSBC and Allianz offering life and non-life products.

S-REITs to provide higher income, resilience amidst global disruption: HSBC

Singapore’s economy will stand out from a growth trajectory perspective.

HSBC names new Singapore head of business banking

Alan Ng will head HSBC’s division supporting small and medium-sized businesses.

HSBC Singapore’s Project #hash wins SBR Technology Excellence Awards 2022

The company marks the first step towards wider use of smart contracts by launching the first-in-Asia digital public corporate bond issuance on a distributed ledger technology-enabled platform.

Sabana Industrial REIT bags $150m sustainability-linked loan from HSBC

It comprises a 4-year tranche of $75m and a 5-year tranche of $75m.

Carbon tax hike to leave massive economic impact: banks

Power generation, manufacturing, transport industries will be the most impacted.

Singapore releases methodologies on responsible use of AI by financial institutions

The Veritas Consortium also released an open-source toolkit to help with adoption.

84% of Singapore-based Indians are investing locally: study

Indians pick property as the most important area to invest in.

HSBC Singapore extends S$6m green loan to Durapower Group

Durapower will use the loan for its lithium-ion energy storage solutions.

October not yet the time for monetary policy tightening - HSBC

The report expects MAS to keep its current policy.