July 24 (Reuters) – HSBC said on Friday it will sell its Singapore life and health insurance business to Germany’s Allianz, in a deal valuing the unit at S$2.7 billion ($2.09 billion). The disposal is …
Indonesia’s plan for a Singapore rival starts to take shape
A new law lays the legal groundwork, but economists warn governance will decide the financial centre’s fate Indonesia wants to build a financial centre to rival Singapore, Hong Kong or Dubai, but …
HSBC to Sell Singapore Insurance Business to Allianz for $2.1 Billion
HSBC has been undergoing a broad revamp, cutting costs and streamlining operations as it accelerates its pivot to Asia, where it generates the bulk of its profits.
HSBC to sell Singapore life insurance arm to Allianz for $2.09bn
Holdings, an indirect wholly owned subsidiary of HSBC, will sell 100% of the issued share capital of HSBC Life SG to Allianz Asia.
HSBC sells Singapore insurance unit to Allianz in $2.1 billion deal
By Selena Li, Sneha Kumar and Yantoultra Ngui July 24 (Reuters) – HSBC has agreed to sell its life and health insurance business in Singapore to Allianz for S$2.7 billion ($2.1 billion), as it trims …
Singapore, where the world’s fast-growing industries converge
Singapore: a convergence hub where FinTech, AI and advanced manufacturing unite at world-class events. #Ad Paid and Presented by Singapore Tourism Board …
Singapore, where the world’s fast-growing industries converge
Singapore: a convergence hub where FinTech, AI and advanced manufacturing unite at world-class events. #Ad Paid and Presented by Singapore Tourism Board …
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Launching a financial services or fintech business in Singapore requires choosing the right license, corporate structure, and capital commitment. Learn what foreign investors need to know.