HSBC, Singapore

Singapore oil tycoon OK Lim sentenced to nearly 18 years for cheating HSBC out of millions of dollars
Photo by Reuters His firm, Hin Leong Trading, was among Asia's biggest oil trading companies before its sudden and dramatic collapse in 2020.Sentencing him to 17 and a half years in jail, State Courts judge Toh Han Li said he agreed with the prosecution that the offenses had the potential to undermine confidence in Singapore's oil trading industry.
Singapore Tycoon Loses Suit Against HSBC, Sentenced To Prison On Forgery Charges
The judgement is in relation to the high-profile demise of Singapore commodity trading business, Hin Leong Trade Pte Ltd., which in 2021 shut down after failing to restructure $4 billion in debt.
Singapore oil trader sentenced to 17 years for ‘cheating’ HSBC over $112mn
Octogenarian Lim Oon Kuin handed long jail term as ‘deterrent’ in city-state’s fight against commodity trading corruption
Disgraced Singapore oil tycoon sentenced to nearly 18 years for fraud
The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out of millions of dollars in one of the country's most serious cases of fraud.
Singapore oil tycoon gets 18 yrs for fraud
The founder of a failed Singapore oil trading company was sentenced Monday to nearly 18 years in jail for cheating banking giant HSBC out of millions of
A Singapore oil magnate faces prison in a major fraud case over financing trade
A Singapore oil magnate has been sentenced to 17.5 years in prison for fraud and forgery in a case that prosecutors said has tarnished the city-state’s reputation as Asia’s leading oil trading hub
Singapore Hin Leong founder O.K. Lim sentenced to 17-1/2 years in jail, media reports
The founder of collapsed Singaporean oil trading firm Hin Leong Trading Pte Ltd was sentenced to 17-1/2 years in prison on ...
The Edge Singapore10h
Atome Financial secures another US$200 mil syndicated credit facility from HSBC
The fintech group had secured a US$100 million facility from HSBC in 2022 to expand its payments business across Asia.
Yahoo2d
Man charged for fatal assault on Yakult delivery auntie in Sengkang: Singapore live news
He tricked HSBC into disbursing nearly $112 million by telling the bank that his firm had entered into oil sales contracts ...
Singapore fintech market could double in size to $13 billion, says HSBC
The Republic is seen as a challenger to leading global fintech hubs in the US and Britain. Read more at straitstimes.com.
malaymail2d
Former Singapore tycoon OK Lim gets 17-and-a-half years in prison for cheating HSBC out of US$111.7m
Lim Oon Kuin, the 82-year-old founder of the collapsed Singapore oil trading firm Hin Leong Trading, was today sentenced to 17-and-a-half years in prison ...
HSBC relaunches 'Premier' brand in UK in pursuit of wealthy clients
HSBC is relaunching its 'Premier' wealth banking brand in Britain, targeting so-called mass affluent customers who have between 100,000 and 2 million pounds ($2.5 million) to invest.
HSBC asks hundreds of managers to reapply for jobs in bank revamp, sources say
Bank will start to lay off several hundred managing directors and other senior bankers in coming weeks, sources say. Read ...