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Hormuz Could Be ‘Redundant’ in Five Years, Replaced by New Routes, HSBC CEO Says

Oct 20 2026 // Investment in alternative logistics routes in the Gulf to mitigate the impact of the Iran war could make the Strait of Hormuz “redundant” in the next five years, HSBC Group Chief Executive Georges Elhedery said...

HSBC Global Insurance Business Head Moncreiffe to Leave, Sources Say

Aug 12 2026 // HSBC’s global chief executive for insurance business, Edward Moncreiffe, is set to leave the bank after two decades with the lender, sources said, amid a broader global overhaul and a wealth push in Asia.The...

Allianz to Buy HSBC’s Singapore Insurer in $2.1 Billion Deal

Jul 24 2026 // Allianz SE agreed to buy HSBC Holdings Plc’s Singapore insurance unit for S$2.7 billion ($2.1 billion), marking a substantial expansion less than two years after another deal in the city-state fell apart.The two...

People Moves: AIPSO Appoints Willis President and CEO; Canopius Names HSBC’s Alioto as Group COO; Doubtless Adds to North American Leadership

Jul 24 2026 // The Automobile Insurance Plans Service Office (AIPSO) appointed Executive Vice President Les Willis as president and CEO. Willis succeeds President and CEO Charles Kwolek, who is retiring after a 32-year career with the...

Allianz Is Said to Lead Bidding for HSBC Life Singapore

Jun 16 2026 // Allianz SE has emerged as the frontrunner to acquire HSBC Holdings Plc’s Singapore insurance unit, people familiar with the matter said.The German insurer is the likeliest buyer for HSBC Life Singapore Pte after...

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