1. HSBC Insurance CEO Moncreiffe Sees 'Explosion' in Demand as Clients Seek to 'De-Risk'
HSBC's insurance arm is witnessing a surge in client capital seeking safety. Edward Moncreiffe, the Insurance CEO at HSBC Group, reports seeing an 'explosion' of demand for life solutions, driven by a significant influx of 'new money' as clients actively look to de-risk their portfolios. This movement of capital signal...