05:41 AM EDT, 10/26/2026 (MT Newswires) -- HSBC (HSBA.L) plans to merge the investment management division of its Hang Seng Bank subsidiary into its asset management unit, Reuters reported Monday, citing people with direct knowledge of the ⁠matter. HSBC Asset Management, which oversees $876 billion in assets, will absorb Hang Seng Investment Management, which manages $50 billion, according to the report. The British lender took the Hong Kong-based bank private in January. Hang Seng and HSBC did not immediately respond to requests for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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