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. 

In 2018, the Financial Stability Board, a policy research and development entity called, listed HSBC as amongst the 29 banks worldwide who are "systemically important financial institutions"—that is, financial organisations whose size and role meant that any failure could cause serious systemic problems.

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

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

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.

HSBC Singapore unveils enhanced int'l benefits for premier customers

Customers’ immediate family can enjoy a suite of benefits with no minimum balance required.

Headline inflation seen to rise up to 1.5% in 2021

Overall inflation rose to 2.4% in May, the highest since November 2013.

HSBC unveils new online trading platform for private bank clients in Asia

Clients can buy and sell securities in 10 markets worth up to US$10m daily.

HSBC Singapore appoints new board directors

CEO Wong joins as executive director, and a retired EY partner also joins the board.