,Singapore

HSBC Singapore revamps branch network

This will include the revamp of its flagship branch in Claymore.

HSBC Bank unveiled the planned changes to its branch footprint across Singapore including refurbishments and new locations. The changes include revamps of the flagship Claymore branch, launch of the first ‘Jade Centre2’ in Southeast Asia, new Jade Centre at Jewel Changi Airport and a new branch at Alexandra Retail Centre.

Also read: Is branch banking still relevant as Singapore lenders migrate their services online?

HSBC’s sharpened focus on its branch locations is aligned with its strategic intent of achieving growth across customer segments which include Singaporeans and expatriates with international needs, from millennials to high net worth individuals (HNWIs).

Also read: HSBC Singapore rolls out investment advisory platform for high net worth depositors

HSBC has revamped and upgraded its ‘flagship’ Claymore branch which will be focused on serving its Premier and International customers. The Claymore branch will also house the first Jade Centre within the region. The Jade Centre is designed to allow HSBC’s relationship managers to have more meaningful conversations with its high net worth customers given their complex wealth needs.

To better optimise its branch network, HSBC will be closing its Liat Towers branch located within the Orchard road stretch once the upgraded Claymore branch re-opens on 4 March 2019. The second Jade Centre at Jewel is scheduled for opening in the first half of 2019, and will be the latest addition to HSBC Singapore’s branch network.

Get Asian Banking & Finance in your inbox
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Banking leaders admit that they are at risk of ceasing to exist in 5-10 years.
It creates a one-stop ecosystem that connects its users to EV car dealers.
It enables end-to-end visibility for both the user and their clients.
FIs role as the middleman is under threat as tech firms mull offering financial services.
The final order book saw that most demands come from the UK and EMEA.
Fund transfers from India to Singapore will only need mobile phone numbers.
The alliance, made up of 35 NGOs, noted the bank’s alleged lack of a public policy to reduce coal investments.
Banks’ credit costs are expected to undershoot their guidance.
BEA highlights hiring plans, whilst Citi says it will offer 100 types of wealth products under WM Connect.
Stress test shows NPL ratio likely to rise, but not to levels PBOC expects, the ratings agency said.
Lenders will have to reduce cross-border fees once CBDCs become more mainstream.
Users will be able to set spending limits and block cards, amongst other features.
And Mastercard bets on crypto with acquisition of CipherTrace.
He Xingxiang is suspected for “severe discipline and law violations.
Two local digital currency exchanges said that none of the top four banks would do business with them.