HSBC is selling its life and health insurance business in Singapore, pending approval from the Monetary Authority of Singapore (MAS).

1 report, 1 independent Updated Jul 24

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What happened

Some supportReported by 1 outlet

Who's involved

What this event is mainly about

HSBC Singapore

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Part of

HSBC has been executing strategic divestments, including selling its life insurance business in the U.K. and the U.S., while operational shifts continue in Europe and Asia. All 3 developments

Within HSBC is exiting non-core operations across continental Europe, completing sales in Argentina and Armenia, and reviewing divestments in Bahrain.

The entities involved

HSBC
British multinational bank
- HSBC utilized its Orion platform for a bond issuance, which was reported by Reuters and involves S&P sovereign ratings for Hong Kong.Mon 06:51
- Alphabet filed a disclosure with the SEC and HSBC partnered with Google Cloud for AI.Mon 05:51
Singapore
sovereign island country and city-state in maritime Southeast Asia
- The Parliamentary Budget Officer notes that separating capital expenditure (capex) and operational expenditure (opex) is a common practice.Mon 17:41
- Bird species typically found in Java.Mon 17:13

Related events

Coverage

Newest first; wire copies grouped

Jul 24investegate.co.uk