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theindependent - 1 month ago

HSBC confirms review of Singapore insurance business as part of global ‘ongoing simplification’

On Friday (Jan 16), HSBC Holdings said it opened a strategic review of its Singapore insurance business as part of its global “ongoing simplification”, confirming a Bloomberg report saying the bank is exploring options including a sale of the insurance unit, which could be valued at more than US$1 billion (S$1.29 billion). The bank said [ ]


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