LSE:HSBABanks
HSBC Reshapes Asia Focus With Singapore Insurance Review And Wealth Hire
HSBC Holdings is reportedly exploring a sale of its Singapore insurance unit, HSBC Life (Singapore), as part of its ongoing restructuring.
The bank has appointed Valentin Valderrabano, previously at Citibank, to lead International Wealth and Premier Banking.
These moves come as HSBC continues to reshape its global footprint and refine its focus on wealth and insurance in key markets.
For investors tracking LSE:HSBA, these developments sit alongside a share price of £12.29 and a very large 5...