12/16/2022

Citi Winds Down Consumer Banking Unit in China

The announcement of its China wind-down marks the final outstanding APAC market for withdrawal, as per an April 2021 announcement to exit 14 consumer markets globally where the bank lacks the scale to compete.

11/15/2022

HSBC Opens New Singapore Headquarters

The new HQ marks HSBC’s long-term commitment to Singapore and recognizes the city-state’s position as the regional hub for wealth management, innovation and sustainability, the bank announced.