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Friday, May 10, 2024

HSBC wealth division looks to Asean for regional growth

“We believe in our competitive adventages despite challenges from other international banks in the region.” — Surendra Rosha, Co-chief executive, HSBC Asia-Pacific

HSBC Global Private Banking is leveraging its international connectivity and investment expertise to meet the increasingly sophisticated and international needs of its high net worth clients in Thailand.

Given the Western economic slowdown, Asia and Asean offer high-growth potential and opportunities for businesses to expand in the region, according to the company.

Foreign direct investment (FDI) has been growing in various countries and industries in the…

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