The latest move widens individual clients’ access to a customised portfolio of top-tier private asset funds that, till now, has been largely available to only institutional investors.
As compliance costs balloon and digital platforms disrupt traditional channels, private banks face a brutal calculus: Do EAMs deliver enough net new money to justify the risks?
HSBC Global Private Banking has bolstered its leadership team across Southeast Asia, Australia, and international markets with a series of senior hires.