Redefining Wealth Management: Beyond Private Banking with HSBC's Wealth Continuum Approach

Wealth management is evolving, particularly for Asia's sophisticated investors seeking personalized solutions to navigate complex global landscapes. With over 158 years of experience and an unmatched global network, HSBC Global Private Banking cater to the cross-border needs of Asia's wealthy through a comprehensive, tlored approach that transcs traditional private banking services.

Lok Yim, Regional Head of HSBC Global Private Banking for Asia Pacific, emphasizes the bank's commitment to providing an -to- wealth management experience across multiple stages of the client lifecycle. Our offering goes beyond private banking, he explns, embracing HSBC's full spectrum of products and services from Wealth and Personal Banking through Commercial Banking and Global Banking Markets.

With a global network spanning over 40 countries and territories and 13 strategic booking centers, HSBC ensures seamless access to banking services in leading international financial hubs while also offering the ability to diversify wealth globally. The bank's model of global relationship managers serves as a single point of contact for clients worldwide, ensuring a cohesive experience.

HSBC's local presence across multiple jurisdictions enables it to offer tlored solutions backed by deep market insights and expertise. Whether assisting entrepreneurs in Hong Kong expand operations into Saudi Arabia or advising on Sharia-compliant financial products, HSBC provides valuable guidance to support international growth.

As wealth transfers from one generation to another, many Asian entrepreneurs are grappling with succession planning. With 69 of respondents indicating they have yet to discuss their plans with family members and over half expressing regret about insufficient consultation before exiting businesses, HSBC offers specialized services in wealth transfer, trust services, philanthropy, family offices, sustnability, and customized mandates that cater to each family's unique needs.

HSBC Trustee, one of the longest-serving trustee businesses in Asia, brings 75 years of experience in bridging generational wealth across multiple geographies. This is particularly advantageous for families with international interests looking to manage their wealth effectively.

The emergence of a new generation of ultra-high net worth individuals presents new demands on wealth management services. These younger clients are increasingly seeking professional wealth management solutions that include access to institutional-grade services, investment opportunities, and credit solutions. Moreover, as values evolve, they consider ESG factors when making investments.

HSBC has embraced technology as a strategic tool for enhancing client experiences while mntning personalized service levels. By offering both digital platforms for analytics, trading, and day-to-day banking needs alongside -led concierge services, the bank caters to clients' preferences without sacrificing convenience or privacy.

The Hong Kong market serves as an essential gateway for international investors looking to access mnland China and the broader Asia region. As a key wealth hub, HSBC's global network supports both local residents and international clients with unparalleled service and expertise across borders.

I believe no other bank in Asia can match the seamless continuum of services for private banking clients that we provide, Lok Yim states confidently.

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