The ISPS team includes Investment Counsellors (IC) and Product Specialists responsible for providing sophisticated financial advisory to high net worth clients with more than USD5mn in investible assets. All HSBC Private Banking clients have direct access to a dedicated Relationship Manager (RM) and IC.
Kenneth Yeo, Head of ISPS, Southeast Asia (SEA) said: “Attracting such high calibre talent is a testament to the opportunity that new hires see in growing their careers with us. For our clients, this increases the level of sophistication and depth of financial advisory we offer. In an industry where there is intense competition, the fact we are growing, seeing increased client activity and able to attract the best talent speaks volume.”
New additions to the ISPS team include industry professionals each with average 19 years of experience with regional and international banks:
In September 2018, HSBC Singapore Private and Retail Banking (Jade client proposition) announced plans to double overall combined high net worth total wealth (more than USD1mn in investible assets) and add over 400 Private and Retail Banking customer facing employers over five years. This is part of HSBC Singapore’s plans to grow its presence as a scale market to compete domestically as a leading private bank in Singapore.