Much to the surprise of many within the industry, HSBC has revealed that its global private banking division’s profit before tax fell by 81% in 2013. According to the bank’s annual earnings report, released on February 24, profit before tax fell to US$193 million from more than US$1 billion in 2012. In the report, the British wealth manager partly attributes…
To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].
Subscriber Only Content
This article is available on a corporate subscription with Asian Private Banker. Please login or subscribe to view this content.
Need help? Please see our FAQ Guide or email [email protected]
Have a confidential tip? Get in touch [email protected]
