HSBC Global Private Banking expands in Chengdu and Hangzhou.
Tag: Private Banking
HSBC hires a brace of private bankers
The two senior executives join the investments and wealth solutions unit.
Asian rich looking to relocate families
The covid-19 crisis has prompted 40% of Singapore wealthy investors to consider moving their families, according to a study by Lombard Odier.
Data leak points spotlight on offshore world once again
‘Pandora Papers’ expose hidden wealth and tax avoidance by world’s rich and powerful.
HSBC PB unveils client messaging platform
Clients can now communicate with relationship managers on messenger apps through HSBC GPB Chat.
StanChart to merge wealth, retail businesses
The bank expects that the changes will help grow its affluent and retail businesses.
Hong Kong’s PB, WM assets up 19% in 2019
Assets sourced from family offices and trusts grew nearly 90% during the year.
Survey: HK retains edge as PWM regional hub
The territory’s proximity to mainland China and its diverse product offerings continue to give Hong Kong an advantage over rival private wealth management (PWM) centers, according to a recent report.
Wealth managers don’t satisfy Asia’s HNW
Complex fee structures and the need for a more personal connection with relationship managers have led to dissatisfaction among Asia’s high net worth investors.
