HSBC 1H26: Asia wealth balances reach US$1.1tn with private banking fee momentum

By Kylie Wong , senior data reporter | 4 August 2026 | 3 minutes read

HSBC recorded double-digit top-line and AUM growth for its wealth business in 1H26, extending its growth momentum after a quarter of strong net new money growth. Outside of its wealth business growth, HSBC also delivered single-digit top-line and double-digit bottom-line growth driven by higher fees for its International Wealth and Premier Banking (IWPB) segment. This puts HSBC in similar territory…

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