Tag: hsbc

Asia's wealth managers thrived in Q2 2025, with UBS and HSBC leading growth. Singapore banks held steady as wealth management drove record fees at DBS and UOB.

As compliance costs balloon and digital platforms disrupt traditional channels, private banks face a brutal calculus: Do EAMs deliver enough net new money to justify the risks?

HSBC Global Private Banking has bolstered its leadership team across Southeast Asia, Australia, and international markets with a series of senior hires.

Douchin has served in this role on an interim basis and has been a key contributor in deploying th GPB Asia operating model and strategy.

Abouzahr has held several leadership positions across the bank’s operations in Hong Kong, mainland China and the UK.

Ling is currently a team head of Wealth Planning for Hong Kong, Philippines and international market at the bank.

The new head brings 20 years of product experience from investments and sales roles across various leading global financial institutions.

Based in Singapore, Kapil Khanna will report to Abhishek Mehrotra, market head, Southeast Asia International, at the bank.

Gabriel Tam was appointed as the regional head of Ultra High Net Worth (UHNW) Solutions, Asia in 2019.

For its onshore China wealth business, the bank also appointed Jackie Mau as head of global private banking, mainland China, in 2021.

A recent HSBC survey reveals a striking divergence: 27% of respondents view geopolitics as a leading investment risk, while 22% believe it offers lucrative opportunities.

Wealthy individuals are expanding globally, diversifying assets and residencies to navigate geopolitical shifts and maximise returns, according to a recent HSBC report.