Qupital welcomes HSBC and Citi as senior investors of securitization facility
HONG KONG: Qupital, Asia’s leading data-driven fintech platform specializing in supply chain financing solutions for e-commerce businesses, announced the successful refinancing of its securitization facility,...
HSBC agrees to sell its business in Argentina to Grupo Financiero Galicia for $550m
LONDON: HSBC Latin America B.V., a wholly owned subsidiary of HSBC Holdings plc, has entered into a binding agreement to sell its business in Argentina...
Modern Mills sets IPO price range and kicks off book-building
RIYADH: Modern Mills Company (MMC), a leading milling and nutrition company in Saudi Arabia, has announced the price range for its initial public offering (IPO)...
Edith Avilés joins HSBC’s US Boards of Directors
HSBC Bank USA announced today the recent appointment of Edith Avilés to the HSBC North America Holdings Inc. (HNAH) and HSBC Bank USA, N.A. (HBUS)...
HSBC to wind down Wealth and Personal Banking Business in New Zealand
LONDON, UK: HSBC has announced its decision to wind down its wealth and personal banking business in New Zealand as part of its ongoing strategy...
HSBC launches innovation banking division, expanding into technology and life sciences
HSBC, the FTSE 100 lender, has announced the establishment of a new global division called Innovation Banking, signaling its entry into the technology and life...
HSBC acquires AXA Singapore for $529mn
PARIS, FRANCE: AXA announced that it has completed the sale of AXA Insurance Pte Ltd (AXA Singapore) to HSBC Insurance (Asia-Pacific) Holdings Ltd (HSBC), for...
AXA Group sells AXA Singapore for $575 million
PARIS, FRANCE: AXA Group has entered into an agreement with HSBC to sell AXA Insurance Pte Ltd (AXA Singapore). Under the terms of the agreement,...