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HSBC to ”broaden the wealth agenda” in Asia as WPB 3Q20 revenue falls 13% YoY

Asia has continued to demonstrate resilience as HSBC reported a 13% drop YoY in its wealth and personal banking (WPB) business in 3Q20. The lender believes there is still much potential for growth in the region and has vowed to invest in fee-income business, in wealth and private banking in particular. The financial group as a whole has seen a…

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