Text size

HSBC WPB enjoys decent 3Q2022 despite tough times for wealth business

Source: HSBC

HSBC reported good momentum in its Wealth and Personal Banking (WPB) business in 3Q2022, with revenue rising 25% YoY to US$6.3 billion, marking a turnaround from a challenging 1H2022 for the UK-based lender. That jump was propelled primarily by the impact of a higher interest rate environment and balance sheet growth on the group’s personal banking business, HSBC said in…

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].