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GIC reportedly buying 9% of Indonesia's Bank Jago to tap Digital Banking Business -Asian Wealth Management and Asian Private Banking


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HSBC to invest over USD3.5 billion to boost wealth business in Asia -Asian Wealth Management and Asian Private Banking


Feb 26, 2021
    Hubbis
Aims to become the leading wealth manager in Asia with expansion of affluent, private banking, asset management and insurance capabilities with plans to hire over 5,000 wealth roles in the next 5 years
HSBC announced it plans to invest over USD3.5 billion in the next five years to accelerate the growth of its Wealth and Personal Banking (WPB) business in Asia and drive its ambition to become the leading wealth bank in the region.
These investments will focus on expanding our wealth teams to increase distribution capabilities in Hong Kong, mainland China, and Singapore; enhancing our digital wealth capabilities and platforms across Asia and developing new products to deliver a distinctive wealth experience across the full customer spectrum, particularly for high net worth and ultra high net worth (HNW/UHNW) clients. ....

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SGX and Euroclear Bank to launch Orchid Bond Structure -Asian Wealth Management and Asian Private Banking


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