HSBC Holdings PLC will hire rapidly in its Asian wealth business in 2022, building on last year’s brisk expansion, and remains open to growing in this area through deals, according to the executive overseeing the bank’s dealings with individual customers
The London-based bank is jockeying with rivals to win more business from the region’s growing ranks of affluent customers, and is investing billions of dollars to strengthen its position.
“Asia is where we are doubling down our efforts, not only because Asia wealth is growing twice as fast as the rest of the world, but also because we are ‘the bank of Asia,’" said Nuno Matos, the chief executive of HSBC’s wealth and personal banking division.
HSBC is one of the world’s largest banking and financial services organisations. serving approximately 40 million customers through our global businesses: Wealth and Personal Banking, Commercial Banking, and Global Banking & Markets. Covers 64 countries and territories in Europe, Asia, the Middle East and Africa, North America and Latin America.