HSBC finds over 25% of retirees under-prepared
People in Asia who have not achieved their hopes and aspirations for retirement claim this is because they have less money to live on than they expected, according to a survey of 16,000 people across 15 countries, conducted by HSBC.
HSBC Private Bank names regional head of investment strategy
HSBC Private Bank has appointed Ben Pedley as its new regional head of investment strategy for Asia, a move which sees him return to the organisation he left less than 12 months ago.
HSBC India appoints retail banking & wealth management head
HSBC India has appointed Sanjiv Sud as head of retail banking and wealth management
Why family issues are key for HSBC Private Bank
Bernard Rennell, chief executive officer, North Asia, global private banking, and global head, private wealth solutions, at HSBC Private Bank, explains to Hubbis why it is so important to focus on resolving personal and family matters as the way to a client's heart.
Becoming the go-to wealth provider
Malik Sarwar, global head of wealth development, group wealth management at HSBC, talks to Hubbis about why he believes the bank is well-positioned to be the primary firm which its clients look to for managing all their wealth-related needs and goals.
HSBC Private Bank appoints new Hong Kong head
HSBC has appointed Teddy Kwong as business head, Hong Kong, within its global private banking business.
HSBC removes exit loads from its Indian funds
HSBC Global Asset Management has announced the removal of exit loads from all its mutual fund schemes effective 1 March, 2013.
Asian retirees to face hardship after savings run out, says HSBC
Asians believe their savings will only cover 10 out of the 18 years they expect to live in retirement, according an HSBC study into global retirement trends.
UK regulator calls on HSBC to take action
Following HSBC’s compliance breach around anti-money laundering (AML) rules and US sanctions requirements, the UK Financial Services Authority (FSA) has imposed requirements on the bank.
Allianz signs insurance distribution agreement with HSBC in Asia
Allianz and HSBC have signed a 10-year exclusive bancassurance distribution agreement in Asia, with Allianz’s life insurance products to be distributed by HSBC in China, Indonesia, Malaysia, Australia, Sri Lanka and Taiwan.
HSBC Private Bank reveals scope for growth
Bernard Rennell, chief executive officer, North Asia, global private banking, and global head of private wealth solutions at HSBC Private Bank, explains why he thinks the firm is well-positioned to build out a sustainable offering in a challenging business environment.
HSBC names new head of private banking in India
HSBC has appointed Shantanu Ambedkar as managing director and head of HSBC Private Banking for India.
HSBC's approach to wealth planning
Bernard Rennell, chief executive officer, North Asia, global private banking, and global head of private wealth solutions at HSBC Private Bank, explains the bank’s approach to wealth planning, and reveals what it does to build trust with its clients to get them to open up about their succession planning needs.
HSBC Private Bank launches legacy programme
HSBC Private Bank held its Legacy Programme 2012 in Macau last week, with around 50 participants from 13 countries across Asia and around the world.
HSBC hires new regional head of wealth management
To strengthen its wealth management capabilities in Asia Pacific, HSBC has hired Vineet Vohra as regional head of wealth development in the region.
HSBC sells Thai wealth unit to Bank of Ayudhya
HSBC has sold its Thai retail banking and wealth management business to Bank of Ayudhya Public Company, as it continue to dispose of its non-core businesses overseas.
HSBC Private Bank appoints new North Asia CEO
HSBC Private Bank has appointed Bernard Rennell as chief executive officer for its business in North Asia, subject to regulatory approval.
HSBC launches RMB fixed income fund
HSBC Global Asset Management has launched its HSBC GIF RMB Fixed Income fund, enabling UK and European investors to gain access to renminbi investments.
HSBC Life Insurance targets affluent in Beijing
HSBC has launched its life insurance operations in Beijing, to provide customers of HSBC and Hang Seng Bank across 14 outlets in the city with access to a comprehensive range of insurance solutions, covering life and health protection, retirement and education savings, and investments.
Survey reveals private banking AUM growth of 76% since 2007
A recent survey has revealed that the assets under management held by the top 20 private banks in Asia Pacific has increased 76% to nearly US$1 trillion since 2007.
Asian philanthropists sharpen focus on strategic giving
In their bid to make a long-term impact on the region’s social issues, Asian philanthropists are starting to emphasise innovation, scale and measurable results in the execution of their philanthropic initiatives, according to a new report commissioned by HSBC Private Bank.
HSBC names new wealth and retail head in Singapore
Paul Arrowsmith has been appointed as head of retail banking and wealth management at HSBC in Singapore.
HSBC appoints new global head of private banking
Krishna Patel will become HSBC’s new chief executive of global private banking on 1st September, to focus on strengthening the bank’s capabilities in the largest and fastest-growing wealth markets.
HSBC appoints new Asia Pacific CIO
HSBC Global Asset Management has appointed Bill Maldonado as chief investment officer for Asia Pacific.
HSBC appoints new head of investment counselling
HSBC Private Bank has hired Lionel Kwok from Standard Chartered Private Bank as head of investment counselling for Asia.
HSBC hires new group head of wealth management
HSBC has named Simon Williams as its new group head of wealth management with effect from July 11, to lead the development of its retail wealth management business capabilities.
HSBC bolsters high-dividend fund
To capture the potential growth of the Asian equity markets while offering regular monthly income, HSBC has launched a new share class for its Asia Pacific ex Japan Equity High Dividend fund.
HSBC Private Bank makes two senior hires
HSBC Private Bank has made two senior appointments to bolster its capabilities in Asia.
Clariden Leu sets up India team with HSBC hires
Clariden Leu has launched a dedicated, Asia-based offering to cover the Indian sub-continent and non-resident Indians (NRIs) after making several hires from HSBC Private Bank.
HSBC Insurance appoints new managing director in Asia
HSBC Insurance has appointed Robert Lang as managing director in its Asian business.