HSBC 1Q26: Wealth NNM surges 70% as Hong Kong fees jump

HSBC recorded dramatic growth in its wealth net new money (NNM) and net new invested assets (NNIA) in 1Q26, despite private bank client balances dipping slightly. On top of growth in its wealth business as a whole, HSBC also reported growth in wealth fees for its International Wealth and Premier Banking (IWPB) and Hong Kong segments. Georges Elhedery, HSBC This…

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