HSBC

The Climate Investment Funds, a US$12 billion fund inside the World Bank, is planning a roughly US$500 million bond issuance.

Other banks that have taken similar steps include HSBC Holdings and Standard Chartered.

Morgan Stanley and Goldman Sachs are both up 13% and 14% respectively since Nov 6, when the KBW Bank Index surged almost 10% in the day after the election.

Firms that improve their scores throughout the tenure of their loan with HSBC may benefit from reduced interest rates. However, should borrowers’ scores decline, the rates on their loans may increase.

SGX has launched Hong Kong SDRs for five mega-cap companies: BYD Company, HSBC, Bank of China, Alibaba and Tencent.

Citibank will close its last “transactional” branch in Singapore, while HSBC has announced the largest update to its Premier and Premier Elite offerings in over two decades.

The lender will be redeeming a US$900 million ($1.15 billion) preferred security issued by HSBC Capital Funding (Dollar 1) L.P.

HSBC cut its best lending rate to 5.625% from 5.875% in Hong Kong, according to a statement.

Hear from three IBF Distinguished Fellows about their careers and how they lead their firms through the changing macroenvironment.

The lender has been strengthening its Asian roots in a strategic pivot that has deepened over the past few years.