Both banks aim to boost their wealth management businesses in Asia.
Tag: HSBC
FSA People Moves (12 January – 18 January 2022)
Credit Suisse chairman resigns; HSBC AM poaches ETFs head; JPM hires Asia ops boss; Manulife boosts multi-assets team; HSBC hires PB duo; BNP Paribas tap Deutsche for WM role; Pinebridge has new Asia WM head.
HSBC hires a brace of private bankers
The two senior executives join the investments and wealth solutions unit.
FSA People Moves (5 January – 11 January 2022)
UBP hires South Asia chief; Morningstar promtes research head; HSBC AM poaches from State Street; Citi name Vietnam boss; UBS adds to Apac ESG bench; Apollo taps HSBC.
HSBC GPB attracts record alts inflows
The pick-up in investments follows the consolidation of the bank’s alternatives business last year.
HSBC gains approval to buy China life joint venture
It helps the bank with its ‘strategic priority of being a leading wealth manager in Asia’.
HSBC buys Indian investment manager
The acquisition is part of its strategy to be a leading wealth manager in Asia.
Asset managers optimistic on COP26 outcome
The world is heading in the right direction to attain net zero despite a lack of concrete action, said investment specialists at the Global ESG Summit.
Mainland China investors prefer funds under WMC
Majority of eligible investors in Greater Bay Area are interested in investing through the wealth management connect scheme, a recent HSBC survey showed.
Mutual Fund Top Trumps – Europe inc UK
This week FSA presents a quick comparison of two convertible: the Fidelity First European Value Fund and the HSBC GIF Europe Value Bond.
