hsbc opens up next generation fund
HSBC has launched high net worth (HNW) and institutional share classes for its Next Generation Fund, which invests in “new and upcoming hedge fund managers” and targets an annualised return of 12% to 15%.
HSBC
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hsbc plans china expansion
HSBC has announced plans to expand its operations in mainland China, either through significantly increasing its number of branches or by raising its stake in Bank of Communications.
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hsbc private bank appoints southeast asia head
HSBC Private Bank has appointed Amit Gupta as its chief executive for southeast Asia. Gupta is expected to take up the position at the start of next week, replacing Nancie Dupier.
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hsbc most valuable bank brand
HSBC has displaced Bank of America as the worlds most valuable bank brand, according to the Brand Finance Banking 500 report, released today.
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hsbc sells thai wm arm to krungsri
HSBC has entered an agreement to dispose of its Thailand-based retail banking and wealth management arm, and expects the deal to be completed in the first half of 2012.
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esca tipped to be wholesale regulator for uae
The Emirates Securities & Commodities Authority (ESCA) is likely to become the wholesale regulator in the UAE, regulating life companies to IFAs, according to HSBCs Daniel Rudd.
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expats naturally resilient deveres green
A raft of advantages generally open to expats and the kind of jobs they do, means they are financially resilient despite the bleaker global economic outlook, it is claimed.
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hsbc bank international rebrands
HSBC Bank International has today been renamed as HSBC Expat.
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expats earning more despite tough outlook survey
Expat wealth remains robust despite the tough global economic conditions and political unrest experienced in some regions in 2011, a survey of hundreds of countries has found.
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devere sponsors brfc
The deVere Group has announced that it will sponsor the British Rugby Club of Paris.
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hsbc opens frontier strategy to retail
HSBC Global Asset Management has unveiled a Luxembourg-domiciled frontier markets fund for retail investors.
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hsbc creates north asia chief executive role
HSBC Private Bank has appointed Bernard Rennell to the newly created position of chief executive for North Asia, subject to regulatory approval.