HSBC Singapore

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.

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 bank is also increasing its investment fivefold in physical networks as it pivots its branches into wealth centres.

Access to funding will be critical for Asia—which consumes more than three-quarters of the world’s coal—to reach net zero.

The loan facility will provide additional funding and liquidity to Seatrium, increasing its financial flexibility.

Kini’s appointment is effective Jan 1, 2024.

A bill proposing amendments to the Financial Services and Markets Act was read for a second time in Parliament on May 9.

Ashmita Acharya will assume the role with effect from Jan 18, 2023.

HSBC Singapore’s new head office occupies 140,000 sq ft of space over the top floors of the 50-storey MBFC Tower 2 building.

The fund will have a high-conviction, unconstrained approach and allocate between 35 to 60 stocks across value chains.