HSBC’s Global Private Banking revenue was up $37 million or two percent year-on-year in 2021, as the bank’s attention shift to Asia.
The $1.83 billion revenue still represented a fall from 2019, when it was $1.92 billion.
In Asia, wealth and personal banking revenue – which comprises wealth, insurance, private banking, and asset management – grew by 10 percent to $5.8 billion.
HSBC added to its wealth product offerings in the region, including l...
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