Customers were reportedly onboarded without proper sanctions screening. HSBC Malaysia and HSBC Amanah Malaysia were collectively fined about $693,000 (MYR 2.94m) by the central bank for non ...

KUALA LUMPUR: HSBC Global Research, which upgraded its rating on Malaysian equities to “neutral”, says the domestic market is in a sweet spot amid lower US bond yield and a stronger ringgit.

HSBC Global Research has forecast Malaysia’s GDP growth at 4.5% for 2024, bolstered by a gradual turnaround in the trade cycle and a boost from the tourism sector.

HSBC Amanah has reinforced its position as the leading Islamic banking institution in Malaysia this year with robust financial performance and innovative product launches. The bank secures is name as ...

HSBC Global Research said positive signs of recovery have emerged for Malaysia’s economy since the second half of last year (H2 2023), prompting it to keep its forecast for Malaysia’s economic ...

HSBC Malaysia has launched a pioneering fund, called the "HSBC New Economy Fund", worth RM500 million ($106.8 million) to support the growth of tech-led startups and emerging businesses in the ...

HSBC Malaysia performed well in 2022 after a lacklustre 2021. Profits before tax more than trebled to RM1.5 billion ($330 million) in the 2022 financial year, from RM447 million in 2021. Total ...

HSBC is also scouting the local scene for lending opportunities in renewable energy. “We are much deeper, and have a bigger customer base,” Mr Rosha said when asked to compare the London-based ...

Allianz Life Insurance Malaysia Berhad (Allianz Life) and HSBC Bank Malaysia Berhad (HSBC Malaysia) have launched a new investment-linked (IL) fund, the Allianz Life Elite Income to provide more ...