Private banks build “weapons-grade” lending platforms to meet surging UHNW demand

Jyrki Rauhio, HSBC Ultra high net worth (UHNW) clients are increasingly seeking to tap everything from luxury assets to superyachts to unlock extra liquidity amid uncertain markets, as demand for strategic lending starts to rival that of traditional margin loans. In response, private banks are poaching from investment banking benches for rare talent with specialised lending experience to meet demand….

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