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Shinhan Bank offers a UnionPay credit card in the Republic of Korea. [40] Silkpay offers a UnionPay credit card in the European Union. [42] United Overseas Bank offers a UnionPay credit card in Singapore. [40] Diners Club offers 2 UnionPay credit cards in Singapore, the DCS Ultimate Platinum Card and the DCS Lite Card.
Commercial banks in Singapore may undertake universal banking, such as the taking of deposits and the provision of cheque services and lending, as well any other business authorised by the Monetary Authority of Singapore, including financial advisory services, insurance brokering and capital market services, as long as they are permitted under section 30 of the Banking Act.
On 9 August 2011, Capital One Financial Corp. agreed to acquire HSBC's U.S. credit card business for $2.6 billion, [75] netting HSBC Holdings an estimated after-tax profit of $2.4 billion. [76] In September it was announced that HSBC sought to sell its general insurance business for around $1 billion. [77]
HSBC was the third-largest issuer of private label credit cards in the United States, including cards for more than 70 active merchant relationships, including Best Buy, GM, Yamaha, Kawasaki, Neiman Marcus, Polaris and Saks Fifth Avenue. Most of its card portfolio was sold to Capital One in 2011.
HSBC Singapore branch head office located at Collyer Quay, Central Area, Singapore Marina Bay Financial Centre, which is new HSBC Singapore headquarter. In Singapore, The Hongkong and Shanghai Banking Corporation Limited operates as a full service bank with its headquarters in Collyer Quay. It opened its doors in December 1877.
NETS operates Singapore's national debit scheme enabling customers of DBS Bank, POSB, HSBC, Maybank, OCBC Bank, Standard Chartered Bank, CIMB and UOB to make payments using their physical/contactless ATM cards or mobile devices at more than 120,000 acceptance points in Singapore including major retailers, food courts, hawker centres, convenience stores and supermarkets.
HSBC Bank may refer to any one of the following principal local banks or divisions of the HSBC Group: Asia-Pacific. HSBC (Hong Kong) PayMe, its local payment service;
HSBC is pulling back from its credit card business in China eight years after its launch, as the lender struggled to expand and make the enterprise profitable in the world's second-largest economy ...