HSBC Wealth and Personal Banking

We are proud to announce that Racquel Oden, US Head of Wealth and Personal Banking & Global Private Banking, was awarded the London Stock Exchange Group Global Executive Leader Award at the 2024 Powerlist Black Excellence Awards, alongside many distinguished Black leaders. This award recognises the considerable impact Racquel has had throughout her career on the financial services industry, and the significant contributions she has made to the community. Read more about the 2024 Powerlist Black Excellence Awards here: https://grp.hsbc/6046SOFJQ

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

Meet Wallace To, an HSBC Premier Relationship Officer based in Sydney, Australia. As a former international student, he knows all about the challenges and opportunities of settling into a new country. So, when Daniel Ooi arrived from Malaysia to study in Sydney, he found much more than just a banker in Wallace – he also found a friend and mentor. By providing support that extends beyond banking to people like Daniel and their families, we’re helping students across the world achieve their dreams of studying overseas. #HSBC #InternationalEducation #Australia 

“The recent Fed rate cut, along with its forecast predicting no recession, has contributed to a positive sentiment in the market. We now expect two more 0.25% rate cuts this year. We continue to favour Global and US equities and investment grade bonds with 5-7 year maturities. Fed rate cuts should give more scope for emerging markets’ central banks to cut rates, so we move emerging markets’ local currency bonds up to neutral, preferring India and Indonesia,” shares Willem Sels, Global Chief Investment Officer, HSBC Global Private Banking and Wealth. "Asia’s growth momentum driven by India, South Korea and Japan remains intact. The supply chain reorientation and the global rate cut cycle should support ASEAN markets. Singapore’s attractive dividend yield, earnings forecast upgrades, and reasonable valuations also support our upgrade to an overweight position.’’ he added. Read the October 2024 Investment Monthly: https://grp.hsbc/6044UuZIo #HSBC #IMin1min #WealthInsights #CIO #InvestmentMonthly

The UAE is home to some of the most internationally minded residents, driven by a unique blend of cultural diversity, global connectivity, and a passion for world-class experiences. Today, we’re excited to launch HSBC Emirates Skywards Credit Cards in the UAE, that will offer our discerning customers a chance to earn more Skywards Miles on travel, lifestyle and everyday spends, as well as access to unique lifestyle experiences worldwide. Launched in partnership with Emirates Skywards and Visa, the cards offer customers Skywards Miles that will not expire for the lifetime of the card. International connectivity remains our biggest advantage, and this partnership is one of many ways that we aim to grow our international customer base and expand our unsecured lending business. Mohammed A. Dinesh Sharma #HSBC #Emirates

Did you know that achieving financial security is a top two priority for all generations? However, according to our survey of over 11,000 affluent individuals globally found a worldwide decline in financial fitness versus last year. Are you considering how you can plan for a better quality of life? Check out some interesting findings from the HSBC Quality of Life Report 2024 linked below to guide you on your journey. https://grp.hsbc/6045UKvgR #HSBC #QualityofLife

We’re thrilled to bring our new Premier offering to life this week. New enhancements to our premium bank account will deliver support to customers across key moments in their life, from their wealth and health to travel and international needs. Encompassing new financial planning tools and international property services, the enhanced features are now available to Premier customers in Hong Kong. From next week, they will arrive in Singapore, with plans to launch in the UK from next month. Huge thanks to all the colleagues and partners who are part of our journey to deliver this world-class banking solution. #HSBCPremier #GlobalBanking #FinancialPlanning #LifestylePrivileges #WealthManagement

With change all around us, how can we plan for our goals and live life to the fullest? With our findings in mind, our HSBC Global Private Banking and Wealth CEO Annabel Spring joined New York University’s Professor of Neuroscience and Psychology Wendy Suzuki in the latest TED Intersections episode to discuss how people can shape the quality of their lives. Join the conversation and find out more about the interconnections between physical and mental wellness, and financial fitness. Watch the full episode here: https://grp.hsbc/6046otvBQ Read more about our Quality of Life report here: https://grp.hsbc/6047otvBv #TED #TEDTalks #HSBCQualityofLife

Life today can feel overwhelming with the amount of change and the number of decisions we face daily. Our new research shows that 90% of people feel we’re living through an age of rapid change, and it’s harder to plan for the future than ever before. That’s why we’ve partnered with David Tuckett UCL Director of the Centre for the Study of Decision-Making Uncertainty at UCL on a new study, Seizing Uncertainty, and practical guide to good decision-making. The Decision-Making Guide identifies the two elements of a decision, ‘mindset’ and ‘method’, and highlights the ways in which we can all feel more confident to make the right decisions for us. Life today is uncertain, what if you had the confidence to seize it? Read the study here: https://grp.hsbc/6043o8GQh #HSBC #SeizingUncertainty #HSBCGlobal