2 days ago
HSBC Expands UK Wealth Bet in Race to £100 Billion Asset Goal
By Benjamin Stupples and
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HSBC Holdings Plc is ramping up growth plans for its UK wealth-management operations as Europe's largest bank seeks to double the assets it oversees for well-heeled individuals in its home nation.
The London-based lender is undertaking a recruitment drive for bankers to cater to affluent, high-income and super-rich individuals, according to a statement and interview on Tuesday. The bank is also opening 50 dedicated spaces this year to bolster its wealth services in flagship branches across Britain.
