Chief executive Georges Elhedery has been restructuring the lender since taking on the top post two years ago.

HSBC said on Friday (Jul 24) it will sell its Singapore life and health insurance business to Germany's Allianz, in a deal valuing the unit at S$2.7 billion (US$2.09 billion).The…

Ende 2024 scheiterte die Münchner Versicherung in Singapur wegen politischer Widerstände mit der Übernahme der Income Insurance. Nun kann sie ihr Geschäft mit einem anderen Deal…

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HSBC will sell its Singapore life and health insurance business to Allianz. This deal is valued at S$2.7 billion and is expected to close in early 2027. The sale will help HSBC…