HSBC

The bank wants to help scale digital 'platform players', and is also offering $150m of venture debt to the Singapore market to provide financing to early-stage, high-growth companies backed by venture capital or private equity.

At the start of this week, Citi and HSBC formalised an agreement that is set to close in the first half of 2024.

The integration of features such as distributed market infrastructure (DMI) technology from Calastone will also strengthen HSBC’s global ETF services with real-time connectivity to market updates.

The bank has provided funding to a Hong Kong-based insurtech firm, OneDegree.

The bank has expanded its Greater China tech lending facility to support regional innovation alongside the rollout of debut venture debt capabilities.

In January, the government of Hong Kong announced Apac’s largest US dollar green bond issuance to date. It has since made headlines with other innovative green bond deals.

Hong Kong-based Christina Ma replaces Dai Kitamura, who will leave the bank in November after extended leave.

Mathieu Forcioli will join the bank to lead growth across the wealth division from this autumn.

The bank has acquired a plot of virtual land in Animoca Brands-owned metaverse, The Sandbox, providing it with a new way to engage with potential and existing clients.