Key facts: HSBC prioritizes Singapore hub; invests $220M in WeLab

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2026.01.16 01:03
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HSBC confirmed its focus on Singapore as a vital wealth and wholesale hub while considering the sale of specific assets after recent disposals in Europe and North America.1HSBC Holdings invested in WeLab's latest funding round, helping raise $220 million, the largest for WeLab, to support its growth in Southeast Asia.2