Join 250,000+
professionals today
Add Insights to your inbox - get the latest
professional news for free.
HSBC’s Big Move in China
Join our 250K+ subscribers
Join our 250K+ subscribers
Subscribe13 JUN 2024 / BUSINESS
HSBC has completed its acquisition of Citigroup's consumer wealth portfolio in mainland China, incorporating the portfolio into its Wealth and Personal Banking operations. This strategic move supplements HSBC's insistent growth in the Chinese market, and supports its ambition to become a leader in international wealth management for affluent individuals in China—significantly enhancing the bank's presence in Asia.
HSBC just cranked up its game in China by bringing on board Citigroup’s retail wealth management crew. This ain’t just about hiring 300+ former Citi folks—it’s about HSBC doubling down on China. It reflects HSBC's dedication to establishing a strong prese...
Until next time…
Don’t forget to share this story on LinkedIn, X and Facebook
Subscribe now for $199 and get unlimited access to MYCPE ONE, from CPE credits to insights Magazine
📢MYCPE ONE Insights has a newsletter on LinkedIn as well! If you want the sharpest analysis of all accounting and finance news without the jargon, Insights is the place to be! Click Here to Join
You’ve reached the 3 free-content piece limit. Unlock unlimited access to all News & CPE resources.
Subscribe Today.
Already have an account?
Sign In
-1788433670.webp)
