HSBC hits US$2.1tn milestone as Hong Kong wealth fees surge 40%

Wrapping up FY25, HSBC delivered top- and bottom-line growth across its international wealth and premier banking (IWPB) and Hong Kong segments, alongside double-digit growth in its private bank client balances. The bank saw a 10% and 5% YoY profit before tax growth for IWPB and Hong Kong, respectively, while private bank client balances grew 17% YoY to US$566 billion. Combining…

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