Awards for Distinction 2024 – Best Private Bank – Hong Kong HNW

Best Private Bank Hong Kong HNW

 

HSBC Global Private Banking

Best Private Bank – Hong Kong HNW

Sami Abouzahr

head of Investments and Wealth Solutions, Hong Kong

Cindy Chong

managing director, relationship management

“We are proud to be recognised as Best Private Bank – Hong Kong HNW for the second consecutive year. This achievement is a testament to the strength and depth of our teams and our dedication to deliver outstanding outcomes.

“In 2024, we have significantly deepened client relationships by delivering market-leading products and solutions while continuing to foster innovation and integration for best-in-class client experience.

“It is imperative that we are a partner that our clients can trust to manage their multi-generational wealth and achieve long-term goals, and that we have the expertise, global connectivity and platform to address their sophisticated needs, from investments, wealth planning advisory to a full spectrum of credit and financing solutions. We will continue to deliver the best of HSBC to our clients.”

What was behind the judges’ decision?

  • With the advantage of being the largest local bank, HSBC Global Private Banking can tap into a broad pool of wealth clients, ranging from Premier to Premier Elite. Last year, the bank successfully upgraded a record number of clients to its Global Private Banking platform, resulting in strong growth in its client base and assets.
  • Through the market boom last year, HSBC Global Private Banking has exponentially expanded its investment solutions platform, incorporating more alternative investment options and launching new discretionary portfolios. The bank experienced record net new investment assets, particularly from a significant influx of new clients exploring alternative investments.
  • Additionally, HSBC made notable enhancements to its wealth and personal banking platform last year by approaching Hong Kong’s renowned award-winning movie star Tony Leung as its local ambassador for the wealth programme, fortifying the bank’s commitment to be the choice of every Hong Kong wealth client.

What we said…

“In 2024, HSBC Global Private Banking significantly enhanced its delivery of best-in-class services to high net worth (HNW) clients in Hong Kong, focusing on client experience, investment services, and digital advisory,” said Carly Lau, senior reporter, Asian Private Banker.

“By leveraging HSBC’s comprehensive wealth platform, from retail to Premier and Premier Elite, the bank has successfully upgraded a record number of new clients to its Global Private Banking platform. With a large team of relationship managers and investment counsellors, HSBC Global Private Banking is well-equipped to offer a full suite of wealth solutions, including alternative investments, capital market solutions, discretionary portfolio management, and a wide range of credit and financing options.

“Having set its footprint in Hong Kong for 160 years, HSBC Global Private Banking has elevated its game with the launch of HSBC Privé – its first premium credit card designed with exclusive privileges for private banking clients last year.

“Its market-leading digital advisory tool, Prism, has also driven robust growth in net new investments, further reinforcing HSBC Global Private Banking’s commitment to being the leading wealth manager for clients across various wealth ladders in the region. For all these reasons and more, Asian Private Banker is pleased to once again honour HSBC Global Private Banking as the Best Private Bank for Hong Kong HNW clients.”


Contact Us
All awards related enquiries to
[email protected]
+852 8191 7196