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Global banking leaders targeting growth in SE Asia 12:00 | 23/02/2021 Global banking leaders targeting growth in SE Asia, illustration photo HSBC will be naming a new head for its Singapore operation, along with its expansion plan in the region. Europe’s largest lender is preparing to announce the outcome of a strategic review next week, alongside its full-year results. According to Bloomberg, HSBC is seeking to gain a bigger slice in Southeast Asia where it has been struggling to compete with dominant players such as DBS Group Holdings and Standard Chartered. “HSBC wants to further raise its capability and presence in South Asia, and Singapore is central to this drive and ambition,” said Peter Wong, HSBC’s top executive in Asia.

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