Key facts: HSBC eyes Singapore; may raise Canara stake; hires Willis
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HSBC (HSBA) said Singapore remains a key focus as its insurer undergoes a strategic review tied to the bank’s broader corporate restructuring and ongoing resource refocus in Asia.1HSBC owns 25.5% of Canara HSBC Life. HSBC is weighing raising its stake via fresh shares or buying existing equity; any deal depends on regulator approval and stakeholder talks.2HSBC hires JPMorgan exec James Willis to lead global precious metals sales, joining mid-2026, part of a London trading and metals sales leadership reshuffle including a recent internal hire.3
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