Awards for Distinction 2023 – Best Private Bank – Hong Kong HNW

Best Private Bank Hong Kong HNW

 

HSBC Global Private Banking

Best Private Bank – Hong Kong HNW

Bryce Wan

Market head of Global Private Banking, North Asia
HSBC Global Private Banking

We are delighted to be named the leading private bank for the high net worth segment in Hong Kong, our home market. This accolade underscores our commitment to serving a clientele that is not only rapidly growing, but also becoming increasingly sophisticated and international.

With the launch of our Wealth Model Transformation journey since 2021 and the enhanced coverage model across client segments in 2023, we aspired to provide a true global private banking proposition for HNW individuals that enables them access to the best investment opportunities across the globe, a superior experience through human and digital hybrid servicing, supported by internationallyconnected banking that enhances their dayto-day lifestyle from one of the world’s most recognised and well-capitalised financial brands. We are dedicated to be our HNW client’s trusted partner along their wealth journey.

What was behind the judges’ decision?

  • HSBC Global Private Banking has one of the largest teams of relationship managers and investment counsellors among its peers. It demonstrates its goal of being Asia’s leading private bank via its platform, human capital and offerings. By centring its services through a single-advisor model and utilising its well-developed digital platform, it allows HNW clients to enjoy the best of both a digital offering and human touch
  • Being one of the local banks in Hong Kong, HSBC has the largest affluent client base in its Premier segment. By upgrading its Premier clients to the higher segment at the private bank, HSBC GPB has seen robust growth in its HNW client base and net new assets
  • HSBC Global Private Bank has an onshore presence in mainland China, Taiwan, Thailand and India, with representative offices in countries such as Australia and the Philippines. The judging panel was impressed by how HSBC can leverage its wealth corridors in its onshore offices to meet its Hong Kong HNW clients’ multi-jurisdictional business and wealth needs

What we said

“In 2023, HSBC continued to show its commitment to Hong Kong through its enhanced offerings and services to serve the whole wealth continuum – from retail to affluent to HNW to UHNW,” said Carly Lau, senior reporter, Asian Private Banker.

“HSBC Global Private Banking’s dedication is reflected in its success in winning Asian Private Banker‘s first-ever Best Private Bank for Hong Kong HNW award. Since day one, the bank has set a long-term strategy of bringing the best private banking services to this important client segment – whether from its marketleading digital banking capabilities, strong investment services, or a robust team of relationship managers and top investment counsellors.

“Its recent launch of Premier Elite demonstrates how HSBC strives to bring more clients up the wealth ladder and provide the best wealth and lifestyle solutions to HNW clients. For this reason, Asian Private Banker is delighted to crown HSBC Global Private Banking as the Best Private Bank for Hong Kong HNW.”


Contact Us
All awards related enquiries to
candice.c@asianprivatebanker.com
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