HSBC Singapore

HSBC to open three wealth centres in Singapore by 1Q2025 - THE EDGE SINGAPORE

Wealth

HSBC to open three wealth centres in Singapore by 1Q2025

The bank is also increasing its investment fivefold in physical networks as it pivots its branches into wealth centres.

Environmental, Social and Governance

If impact on climate finance was mapped, the Little Red Dot wouldn’t be so little

Access to funding will be critical for Asia—which consumes more than three-quarters of the world’s coal—to reach net zero.
Seatrium subsidiary secures $500 mil revolving credit facility from DBS, HSBC and Standard Charted - THE EDGE SINGAPORE

Company in the news

Seatrium subsidiary secures $500 mil revolving credit facility from DBS, HSBC and Standard Chartered

The loan facility will provide additional funding and liquidity to Seatrium, increasing its financial flexibility.

New appointments

HSBC Singapore appoints Priya Kini as its head of commercial banking

Kini’s appointment is effective Jan 1, 2024.
MAS details information-sharing platform among banks to combat financial crime - THE EDGE SINGAPORE

Banking & finance

MAS details information-sharing platform among banks to combat financial crime

A bill proposing amendments to the Financial Services and Markets Act was read for a second time in Parliament on May 9.

New appointments

HSBC Singapore appoints Citibank veteran as new head of wealth and personal banking business

Ashmita Acharya will assume the role with effect from Jan 18, 2023.

Company in the news

After pandemic delay, HSBC Singapore officially opens new head office at Marina Bay Financial Centre

HSBC Singapore’s new head office occupies 140,000 sq ft of space over the top floors of the 50-storey MBFC Tower 2 building.

Funds

Schroders launches sustainable food and water fund to Singapore investors with HSBC Singapore as exclusive partner

The fund will have a high-conviction, unconstrained approach and allocate between 35 to 60 stocks across value chains.

Startups, Entrepreneurs, Digital economy

Singapore ranks fourth in Asia Pacific for total value of start-ups

The top 10 emerging giants in the city-state possess a combined value of US$3.2 billion behind mainland China, India and Japan.

New appointments

HSBC Singapore appoints chairman of Keppel REIT manager as first independent board chairman

The new chair, Penny Goh, is also an independent director of Keppel Corporation and a member of its audit and risk committees
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