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HSBC HOLDINGS Pares back Singapore Retail Operations to Strengthen Wealth Mgmt
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HSBC HOLDINGS (00005.HK) will close a major branch in Singapore's financial district and open a wealth center in the same building, indicating the group's commitment to enhancing services for affluent clients in Singapore. The branch at Raffles Place will close on February 28, according to a notice sent to clients. A spokesperson stated that the group plans to open a wealth management center in Singapore Land Tower in February, emphasizing that Singapore remains a priority market for the group, and the local branch network will remain unchanged. AASTOCKS Financial News Website: www.aastocks.com |
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