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HSBC snaps up Axa s Singapore insurance assets for $575 mln in Asia expansion

HSBC Holdings (HSBA.L) has agreed to acquire French insurer Axa's (AXAF.PA) Singapore assets for $575 million, part of its strategy of scaling up its wealth-management business in Asia to boost fee income.

HSBC snaps up Axa Singapore assets for $575m in Asia expansion

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