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"HSBC acquires Citi’s range of retail wealth management products in China" was originally created and published by Private Banker International, a GlobalData owned brand.
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 ...
HSBC Holdings PLC HSBC is reportedly set to acquire the China consumer wealth management business of Citigroup Inc C. The deal will also include attaining "a few hundred" of Citi's China-based ...
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 ...
The timing is good: Citi is winding down its consumer banking business in China and HSBC wants to grow its own operation. The deal is a small one. It contrasts with the wealth management 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 ...
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 PHILIPPINES’ wealth management arm has been met with positive reception since its launch last year and is set to introduce new products, even with monetary authorities continuing to raise ...