HSBC reportedly considering selling Singapore insurance business worth over US$1B

SINGAPORE: HSBC Holdings is reviewing options for its Singapore insurance business, including its sale, which could be worth over US$1 billion (S$1.29 billion), Bloomberg reported, citing people familiar with the matter. HSBC and a financial adviser are reportedly working on HSBC Life’s (Singapore) review, with other insurers and investment firms already expressing early interest, the […]