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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...
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...
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...
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...
Oct 27 2025 // HSBC Holdings said on Monday it would book a $1.1 billion provision in its third-quarter results after losing part of an appeal in a long-running lawsuit tied to Bernard Madoff’s Ponzi scheme, history’s biggest...
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