GINGMSEMN WHAUNG
The official launch of HSBC Global Private Banking's services in Chengdu and Hangzhou, two significant Chinese cities, was announced on Tuesday. The bank is attempting to capture a larger portion of the high net worth clientele in the area.
The bank adds that it plans to investigate business potential in China's southwest. The eastern areas, which are home to many high net worth individuals, are where HSBC's current branches are situated.
The capital of western Sichuan province, Chengdu, has a high demand for private wealth management services, according to HSBC. There are four additional locations in Beijing, Shanghai, Guangzhou, and Shenzhen.
source: channelnewsasia.com
The bank adds that it plans to investigate business potential in China's southwest. The eastern areas, which are home to many high net worth individuals, are where HSBC's current branches are situated.
The capital of western Sichuan province, Chengdu, has a high demand for private wealth management services, according to HSBC. There are four additional locations in Beijing, Shanghai, Guangzhou, and Shenzhen.
source: channelnewsasia.com
