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.

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.

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.

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.

ESG launches enhanced green financing scheme

This provides 70% risk-sharing to support lending by partner FIs.

MAS, Singapore banks build digital platform against money laundering

This will allow sharing of customer and transaction data on money laundering cases.

SGD NEER likely to be supported in MAS’ MPS - HSBC

The policy is expected to normalize in April 2022.

HSBC, Temasek partner to fund sustainable infrastructure projects in Asia

The two hope to dispense over US$1b of loans over the next five years.

Daily briefing: HSBC buys AXA’s SG assets for $575m; EMA wants to minimize impact of clean energy drive

And POFMA issues correction direction to Facebook over false claims on 3-year-old girl’s death.