HSBC

HSBC to open Hong Kong AI Institute following Singapore launch

Georges Elhedery, Group CEO of HSBC, speaking during Hong Kong FinTech Week in Hong Kong on Nov 2.

HSBC announces US$1 billion buyback after profit growth misses

HSBC posted a pretax profit in the third quarter of US$9.6 billion, missing a company-compiled estimate of US$9.7 billion.

Hang Seng investment arm to merge with HSBC’s asset business, sources say

The proposed merger would mark the first business-line integration between the two banks.

HSBC plans deep job cuts in UK wealth management business

HSBC chief executive Georges Elhedery has been pushing a broader cost-cutting and simplification drive.

HSBC scraps $32,000 members club perk for Hong Kong bankers

HSBC has stopped covering 95 per cent of the school fees of children of new hires and senior staff relocating to Hong Kong.

HSBC cuts back $48,800-per-kid school perk for some Hong Kong bankers

Hundreds of employees have drawn on the perk which costs tens of millions of dollars annually.

HSBC mulls over restructuring Singapore units to simplify operations

HSBC has been on a major restructuring drive over the past two years since Georges Elhedery took over as chief executive officer in Sept 2024.

New IP riders attract heightened interest but sales remain muted for some insurers

Integrated Shield Plans (IPs) cover stays in higher-class wards in restructured hospitals as well as in private hospitals, including this room at Raffles Hospital.

HSBC first-half profit jumps 23% on higher rates and wealth growth, sets $1.3 billion share buyback

An HSBC Holdings Plc bank branch in Hong Kong, China, on Friday, July 24, 2026. HSBC is scheduled to announce its Interim Results 2026 on Aug. 4. Photographer: Paul Yeung/Bloomberg

HSBC Life Singapore deal: Allianz says no layoffs, existing policies unaffected

German insurer Allianz’s acquisition of HSBC Life Singapore is subject to regulatory approvals and expected to close in the first half of 2027.

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MDDI (P) 046/10/2025. Published by SPH Media Limited, Co. Regn. No.202120748H. Copyright © 2026 SPH Media Limited. All rights reserved.