In a roundtable discussion with reporters, HSBC head of wealth and personal banking of South Asia Kai Zhang said 2024 would be a strong year for the bank.MANILA, Philippines —
HSBC is also planning to accelerate its wealth management capabilities by bringing in new product sets and tools in the market as well as streamlining sale processes. “There is just a lot of opportunity that’s untapped and I think we’re going to work with our global platform team and bring more capabilities into the Philippines,” she said. “As a 150-year-old bank, play a very important role to meet the growing financial needs of the population here.”
“This region really is attracting a lot of investment both from Asia and also from around the world. And of course, from the people’s side, we have India and the Philippines as two of the largest international diasporas in the world,” she said. “Clearly, we see a huge opportunity on the retail fronts as you would have seen from some of the investments we made recently into our branches, into the network, and I’m sure there will be more developments over the year or so,” he said.
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