HSBC Global Private Banking

Last week, our Regional Head of Global Private Banking, Asia Pacific, Lok Yim, together with fellow leaders from HSBC and Mastercard unveiled HSBC Privé in Hong Kong, our most prestigious credit card with privileges exclusively curated for our private banking clients. The exquisite launch gala in Hong Kong marked the first phase of our global launch programme to offer elevated travel, exclusive access and exceptional lifestyle experiences to our clients. This invitation-only card will also be launched in Singapore, India and more markets globally. Recognising the aspirations and busy global lifestyles of our clients, HSBC Privé privileges are specially curated for our UHNW and HNW clients to open unparalleled worlds. Watch this video to catch the excitement shared with more than 200 clients, partners and guests at the launch event. Read more about HSBC Privé here: https://grp.hsbc/6040SybHQ #HSBCPrivé #GlobalPrivateBanking #OpenUnparalleledWorlds

The 3Q results we have announced today show that our strategy is working and we have a strong platform for growth. #HSBC

We’ve delivered another good quarter, with strong revenue growth and good performances in Wealth and Wholesale transaction banking. We’re continuing to return capital to our shareholders – $4.8bn through a dividend payout and a planned share buyback in respect of the third quarter. Discover more about our 3Q results: https://lnkd.in/gq2dqadv #HSBC

Co-investment programme is an increasingly important tool for private fund managers in talent retention and alignment, but there is a gap in the market for this type of offering. Our Head of Origination for Credit Advisory in North Asia Mathieu Rabiller, CFA spoke to Private Equity International about our unique position in serving the credit needs of financial sponsors, leveraging HSBC’s global presence and balance sheet strength. Read the full article here: https://grp.hsbc/6042q9wgj #GPFinancing #CreditAdvisory #PrivateBanking

Our CEO Annabel Spring was recognised by Spear's Magazine in its recent 2024 Power List as a Power List Notable. The list, which was published this month, acknowledges the people who shape the world of private wealth and the lives of wealthy people. In a profile of Annabel, Spear's referred to our entrance into six mainland Chinese cities, the UAE, Mexico, India and Thailand in recent years. Read more about the profile here: https://grp.hsbc/6040qN05A Check out the full list at: https://grp.hsbc/6049qN05f #PrivateBanking #WealthManagement

Rising demand for wealth and succession planning services means there is no turning back on this trend in the next three to five years, observed our Head of Wealth Planning and Advisory for Asia Pacific Henry Lam and Head of Trust and Fiduciary Services for North Asia Christina Tung. In a recent interview with Asian Private Banker, they discussed reasons for the uptake in succession planning and common practices adopted by families in Asia. They also explained how trust structures can aid successful wealth transfer across generations. Read the full article here: https://grp.hsbc/6047qmREZ #HSBCTrustee #WealthPlanning #PrivateBanking

Asia's affluent investors are facing unique financial challenges in achieving their life goals. From retirement and succession planning to insurance and access to investing, what are the key concerns and generational differences that wealth managers need to understand? Leveraging key findings from the #HSBCQualityofLife survey, Lavanya Chari, our Global Head of Investments and Wealth Solutions, discusses with Professional Wealth Management (PWM) on how cultural priorities impact financial planning in Asia. She stresses that these priorities often see immediate financial demands taking precedence over long-term goals, underscoring the need for strategic planning and awareness. Discover the key concerns for today's affluent individuals, and how financial service providers are addressing the situation. Read the full article here: https://grp.hsbc/6043q9D4D #WealthManagement #FinancialPlanning #Investment

As risks of slower economic growth in the Eurozone increased and the disinflation trend continued, the ECB decided to slash its key policy rate by 25 basis points to 3.25%. While geopolitical and trade uncertainties cloud the outlook, policymakers are confident that progress to the inflation target is “well on track” and a recession for the Eurozone will be avoided. Within Europe, we like Spain and UK equities, while globally, US remains our preferred market. Read the latest market update by our EMEA CIO Georgios Leontaris, CFA, and Investment Strategist Anastasios ZACHARIOU, CFA, as they delve into the possible implications of the ECB decision on the European markets. For the full report, click here: https://grp.hsbc/6040qwwDC #ECB #RateCut #PrivateBanking

Over in Singapore, our leaders picked up the baton to continue the conversation at the Asian Private Banker Summit 2024 with our peers in the private banking, wealth management, family office and asset management sectors. During the Opening CEO Thought Leaders session, Lavanya Chari, our Global Head of Investments and Wealth Solutions, explained how our investment in products, platforms and talent development had enabled us to achieve diversified growth across markets. With her global view, she further highlighted the importance of delivering bespoke solutions to address regional differences in investment preferences and client needs. James Cheo, CFA, CAIA, FRM, our Chief Investment Officer, Southeast Asia & India, joined fellow CIOs to delve into equity strategies for Japan’s economic transformation and portfolio management priorities to navigate shifting market landscape. Read more here: https://grp.hsbc/6043qkaET #PrivateBanking #WealthManagement #APBS2024

Last week, our league of experts had the pleasure to discuss trends and developments shaping the future of private banking with more than 800 delegates at the Asian Private Banker Summit 2024 in Hong Kong and Singapore. From innovation and growth strategy to multi-generational wealth transfer and investment outlook, client centricity was the clear theme that emerged from multiple panels in both cities. In the Hong Kong session: - Lok Yim, Regional Head of Global Private Banking, Asia Pacific, talked about key success factors for private banks to thrive amid volatility with other leaders on the Opening CEO Thought Leaders Panel - Lina Lim, Regional and Hong Kong Head of Discretionary and Funds, Investments & Wealth Solutions, Asia Pacific, touched on evolving strategies in portfolio allocation and investment preferences of ultra high net worth clients in the region - Mathieu Forcioli, Global and Asia-Pacific Head of Alternatives, shared our views on the demand for private credit and new opportunities - Cheuk Wan Fan, Chief Investment Officer Asia, explored various investment themes and portfolio strategies for long-term investors Read more here: https://grp.hsbc/6049qkvhP #PrivateBanking #WealthManagement #APBS2024