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HSBC sells Singapore life insurance unit to Allianz for $2.1 bln

Allianz to Acquire HSBC’s Singapore Insurance Business for S$2.7 Billion

Allianz is set to expand its Singapore insurance operations through a S$2.7 billion deal for HSBC Life Singapore, according to Reuters. The German insurer will acquire the entire c...

HSBC sells Singapore insurance unit to Allianz in $2.1 billion deal

Allianz to Buy HSBC’s Singapore Insurer in $2.1 Billion Deal

Allianz SE agreed to buy HSBC Holdings Plc’s Singapore insurance unit for S$2.7 billion ($2.1 billion), marking a substantial expansion less than two years after another deal in th...

From AXA To HSBC LIFE To Allianz. What Happens To Your Insurance Policies When An Insurer Is Acquired?

Your insurer may change, but your insurance contract does not simply disappear. The post From AXA To HSBC LIFE To Allianz. What Happens To Your Insurance Policies When An Insurer I...

Hong Kong insurers ride affluent demand to record sales as longevity and legacy needs grow

Life insurance sales in Hong Kong rose 51 per cent in the first quarter to another record high, driven by affluent customers from mainland China and overseas buying policies for we...

HSBC Taiwan champions inclusive financial services with Hidden Disabilities Sunflower

HSBC Weighs Singapore Restructuring to Unite Wholesale, Retail and Private Banking

HSBC is considering bringing its wholesale, retail and private banking businesses in Singapore together, Bloomberg reported, citing people familiar with the matter. The lender has...

Allianz finally lands its Singapore prize, buying HSBC's insurance arm for $2.1 billion

Carrier manages to finally get the deal it couldn't get two years ago

Two Co-CEOs Take Over HSBC Insurance Leadership as Edward Moncreiffe Exits

HSBC has named two Asia-based executives as co-CEOs of its global insurance business. Daisy Tsang, CEO of HSBC Life Hong Kong, and Kai Zhang, Head of International Wealth and Premi...

HSBC chooses Singapore for global AI centre of excellence

UK-headquartered bank will develop artificial intelligence in Singapore-based centre of excellence

Hong Kong insurers to weather Beijing’s tax shift with 8-10% premium growth: S&P

Hong Kong’s life insurers could still see annual premium growth of 8 to 10 per cent over the next two years, despite a recent regulatory shift stemming from Beijing’s overseas taxa...

HSBC First-Half 2026 Profit Rises 23% to US$19.5 Billion

HSBC lifted first-half profit before tax by 23% to US$19.5 billion as net interest income and wealth fees increased. Profit after tax rose 23% to US$15.3 billion, while revenue gre...

HSBC to open Singapore AI centre of excellence

HSBC is set to open a global artificial intelligence centre of excellence in Singapore, hiring around 100 specialists to work under new chief AI officer David Rice.

OCBC Adds Hong Kong to Next-Generation Wealth Programme

OCBC has expanded its GENesis programme to include the children of high-net-worth customers in Hong Kong for the first time. The invite-only programme brought together 27 participa...

HSBC Sells Tokyo HQ as It Prepares for 2029 Relocation

HSBC has sold its Tokyo headquarters building to a unit of Mitsubishi HC Capital, according to Bloomberg. The sale comes as Group Chief Executive Georges Elhedery accelerates a glo...

Barclays Private Bank launches Singapore booking centre to serve globally connected clients

- - • Strategic investment reinforces Singapore's role as a key wealth hub in Barclays Private Bank's international growth strategy - • Enhanced capability will serve ultra-hi...

Integrated Shield Plan Premiums In Singapore: How Much Will You Pay From Age 30 To 100?

For a 76-year-old, the annual premium on one integrated shield plan is over $8,000. The post Integrated Shield Plan Premiums In Singapore: How Much Will You Pay From Age 30 To 100?...

HSBC to Open Its First Global AI Centre and Hire Over 200 Staff

HSBC is expanding its Singapore operations with a new global AI hub and a larger wealth management team. According to The Business Times, the bank will recruit more than 100 AI spe...

Hong Kong millionaires look to GBA living as retirement planning gaps emerge

[The content of this article has been produced by our advertising partner.] For a growing number of Hong Kong millionaire respondents, the mainland Greater Bay Area (GBA) cities be...

As Hong Kong ages and life goes digital, Hang Seng’s Silver Academy helps seniors stay active, connected and confident

[The content of this article has been produced by our advertising partner.] In a city that moves fast, it’s easy to miss a quiet reality: many older people are being asked to navig...

Singapore's DBS lifts outlook as wealth business drives hopes

HSBC profit jumps 23% as Asia wealth fuels earnings

HSBC Global Insurance Business Head Moncreiffe to Leave, Sources Say

HSBC’s global chief executive for insurance business, Edward Moncreiffe, is set to leave the bank after two decades with the lender, sources said, amid a broader global overhaul an...