The bank is looking to boost growth in its core wealth management business and address lingering legacy issues.

HSBC's customers base increased ... was likely to overtake Switzerland by 2027 as the world's top hub for cross-border wealth management, according to estimates from the Securities and Futures ...

Switzerland and Benelux, there is demand from pension schemes, wealth managers and family offices.” The new products come as HSBC Asset Management builds out its Shariah-compliant line of products.

Wealth management fee income will help to drive growth at lenders like HSBC as high interest rates ... which was second only to Switzerland, following its acquisition of former rival Credit ...

HSBC’s strategic focus on the ultra-high-net-worth (UHNW) clientele in Switzerland has yielded measurable progress, characterised by accelerated growth and operational enhancements. The bank reported ...

HONG KONG/LONDON (Reuters) -HSBC Holdings announced a $3 billion ... cheered its stable first-half profit growth, gains in wealth management income and narrowing losses in Chinese real estate.

UBS CEO Sergio Ermotti warned that Switzerland's position as the world's wealth management centre could ... of HK Banks Controllable; Top Pick HSBC for 6-12 Mth Horizon Ermotti argued that Swiss ...

Roula Khalaf, Editor of the FT, selects her favourite stories in this weekly newsletter. HSBC and UBS are expanding their wealth management arms in India to compete with local rivals after a ...