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HSBC’s Asia investment reaps rewards already

News Team, 10/05/2021

HSBC’s $3.5 billion investment plan in its Asia wealth business is underway and it is already seeing the results of it.

At the end of Q1 2021 wealth revenues in Asia increased by 57 percent year on year to $1.5 billion while Asia wealth balances grew 18 percent, contributing nearly half of the global $1.6 trillion of wealth ...


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