HSBC, Hong Kong’s biggest lender, plans to increase the visibility of its family office and digital banking services to attract ultra-high-net-worth clients to its private banking unit, according to a senior executive.
“We have seen a strong growth in ultra-high-net-worth customers in the Asia-Pacific region, particularly in mainland China, India, Indonesia, the Philippines and Australia in recent years, who demand wealth management services,” said Lok Yim, the newly appointed head of HSBC global private banking in Asia-Pacific.
To tap these clients, HSBC will offer a suite of digital solutions to…