HSBC Deepens Pivot to Wealth in Singapore as Retail Pared

HSBC Holdings Plc will close a key retail branch in Singapore’s financial district and open a wealth center at the same building, as the lender doubles down on serving affluent...

By Rthvika Suvarna · Bloomberg

HSBC Holdings Plc will close a key retail branch in Singapore’s financial district and open a wealth center at the same building, as the lender doubles down on serving affluent clients in one of Asia’s key financial hubs.