Swiss banking laws – which largely ... expand in the Middle East three years ago. For HSBC, the stakes are high. The business of wealth management is less capital intensive than corporate ...

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.

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 ...

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.