HSBC
axa buys hsbc p and c arms
Axa will acquire HSBCs property and casualty businesses in Hong Kong, Singapore and Mexico, the firm announced today. The French insurance giant has also signed an exclusive ten-year P&C bancassurance deal with HSBC in these countries, as well as in India, Indonesia and China.
People Moves | 5 Mar 12
hsbc appoints head of wealth management in asia
HSBC has appointed a new head of wealth development for its Asia Pacific division.
People Moves | 1 Mar 12
hsbc global am replaces tse in singapore
HSBC Global Asset Management has appointed a new chief executive to lead its Singapore business, replacing Patrick Tse who has been in the job for two years.
hsbc offers rmb bond fund to retail investors
HSBC Global Asset Management has opened up its RMB Bond Fund, a fund specialising in investment into offshore RMB-denominated fixed income securities, to retail investors in Hong Kong.
hsbc opens up next generation fund
HSBC has launched high net worth (HNW) and institutional share classes for its Next Generation Fund, which invests in “new and upcoming hedge fund managers” and targets an annualised return of 12% to 15%.