"HSBC acquires Citi’s range of retail wealth management products in China" was originally created and published by Retail Banker International, a GlobalData owned brand.

It will sell its China consumer wealth portfolio, including clients, assets under management and deposits, worth approximately $3.6 billion, to HSBC Bank China.

HSBC Holdings Plc’s top boss said he’s pushing to improve his firm’s wealth management capabilities in China and India to be on par with its key market of Hong Kong. “We have a really ...

HSBC Bank (China) has opened a new wealth centre in Hangzhou, marking the sixth such launch in mainland China within a six-month period. The new centre in Hangzhou will function as a wealth ...

Besides wealth, the business unit's offering in China include retail banking, asset management, and insurance. HSBC is also betting on a robust Indian economy to further boost its wealth business ...

HONG KONG -- HSBC on Monday announced it is acquiring competitor Citigroup's retail wealth management business in China, as the U.S. bank continues to wind down the Asian consumer franchise business.

HSBC is set to acquire Citigroup's China consumer wealth management business, which manages more than $3 billion in assets, two sources with knowledge of the matter said, in a major boost to the ...

Pinnacle, established in 2020, offers insurance and investment products ... and asset management within the mainland China ...

These will complement HSBC Wealth’s fixed-income investment and investment-linked insurance products. These funds come in different currencies and are managed by the firm’s partners that are key ...

HSBC is set to acquire Citigroup’s China consumer wealth management business, which manages more than US$3 billion in assets, two sources with knowledge of the matter said, in a major boost to the ...