Economy Politics Local 2026-01-14T22:18:08+00:00

HSBC Considers Selling Its Insurance Unit in Singapore

HSBC is exploring several options for its insurance unit in Singapore, including the possibility of selling it. According to sources, the bank is considering strategic alternatives for its Singaporean business. This move could be part of a broader strategy to optimize its assets. HSBC aims to focus on its core business areas. Final decisions are expected to be made in the near future.


HSBC Considers Selling Its Insurance Unit in Singapore

HSBC is exploring several options for its insurance unit in Singapore, including the possibility of selling it. According to sources, the bank is considering strategic alternatives for its Singaporean business. This move could be part of a broader strategy to optimize its assets. HSBC aims to focus on its core business areas. Final decisions are expected to be made in the near future.