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HSBC on target to increase Asia WM headcount by 1,000; PB nets US$6.6B NNM in 1Q21

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HSBC has said it is on target to add more than 1,000 jobs to its wealth management franchise in Singapore, Hong Kong, and mainland China by the end of 2021, on the back of a strong first quarter in which private banking in Asia attracted US$6.6 billion in net new money. The bank’s wealth revenues in Asia grew by 57%…

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