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Insurance 25 Mar 2019 | 12:00 AM

HSBC Insurance completes stake sale

PETALING JAYA: HSBC Insurance (Asia-Pacific) Holdings Ltd, an indirect wholly-owned subsidiary of HSBC Holdings plc (“HSBC”), has completed the sale of its 49% stake in HSBC Amanah Takaful (Malaysia) Berhad (HATB) to FWD Life Insurance Company (Bermuda) Ltd.

Business 11 Jun 2019 | 4:04 AM

HSBC Malaysia launches ESG Islamic structured product

KUALA LUMPUR: HSBC in Malaysia launched its first environmental, social and governance (ESG) Islamic structured product in the country.

Property 16 Jun 2017 | 12:00 AM

HSBC to build RM1bil headquarters in TRX

KUALA LUMPUR: HSBC is investing US$250mil (RM1.06bil) to build its future headquarter office in the Tun Razak Exchange (TRX) under its commitment to develop Malaysia as a financial hub in Asean

Business 21 Dec 2018 | 12:00 AM

HSBC Insurance to dispose of 49% of takaful business

KUALA LUMPUR: HSBC Insurance (Asia Pacific) Holdings Ltd, an indirect wholly-owned subsidiary of HSBC Holdings Plc (HSBC), will be disposing of 49% of its shares in HSBC Amanah Takaful (Malaysia) Bhd to FWD Life Insurance Company (Bermuda) Ltd.

Banking 01 Aug 2017 | 12:00 AM

HSBC reports 5% higher profit for first six months

HONG KONG: HSBC Holdings PLC said profit grew 5% in the six months through June and announced its third share buyback in a year, indicating continued progress in the six-year turnaround plan of Europe’s biggest bank

Banking 26 Jan 2016 | 12:00 AM

HSBC tax bill unlikely to be slashed by HK move

LONDON: HSBC’s possible relocation to Hong Kong is unlikely to save the British bank much tax - one of its reasons for maybe moving abroad - and could actually increase its bill, a Reuters analysis of the company’s filings shows

Business 20 Nov 2012 | 12:00 AM

HSBC in stake sale talks

HONG KONG: HSBC said it was in talks to sell its US$9.3bil stake in Chinas Ping An Insurance, stepping up a programme by Europes biggest bank to shed non-core parts of its business to boost profitability.

Business 13 Sep 2013 | 8:06 AM

Aberdeen unseats HSBC as top India fund as crisis takes toll

MUMBAI/HONG KONG: For years, Aberdeen Asset Management laboured in India in the shadow of HSBC's star stock-picker Sanjiv Duggal. The rupee crisis has changed that.

Business 22 May 2019 | 12:00 AM

HSBC plans to have more tech jobs in China

HONG KONG: HSBC Holdings Plc plans to add more than a 1,000 jobs this year at its technology development centres in China, as the Asia-focused lender seeks to bolster its presence in the world’s second-largest economy.

Corporate News 08 Oct 2018 | 7:41 AM

RAM rates world's first UN SGD sukuk issued by HSBC Amanah Malaysia

KUALA LUMPUR: RAM Ratings has rated the world’s first United Nations (UN) Sustainable Development Goals (SDG) sukuk issued by HSBC Amanah Malaysia Bhd.