HSBC’s Post

Few days ago, we have had the privilege of hosting Frank Fang for an intimate, free-flowing discussion. He was kind enough to expound on our strategic priorities, particularly for North Asia, and also candidly share his own personal ones in 2024 and beyond.   2-Pillars, 3-Platforms : This is a unique advantage for HSBC - probably the only bank having deep ties in 2 #homemarkets - UK & Hong Kong. How do we build on top of it? By focusing on 3-platforms, namely: - International #midmarket  - International #wealth - International #transactionbanking  *See anything common in here (starting with “i”), which aligns completely with our current global approach of #ConfidentlyInternational   It was personally exciting for me that our #GlobalPaymentsSolutions (GPS) business continues to play a top-priority role for the bank, in that strategic construct above.    #hongkong: We got to know on how we are further internationalizing using our market leading proposition, while simultaneously connecting our clients to/from mainland-China. We also discussed on the importance of focusing on #corridors and how we in Singapore are also replicating #datadriven best-practices, being implemented by our teams in Hong Kong, particularly in GPS.   #hongkong & #singapore : While much has been written about the friendly competition, fact is - it is a good thing for our #clients, for both markets and particularly for HSBC, with our ability to connect our home market with our focus on Singapore/ASEAN. Fun fact - Singapore is the #4 source of #fdi into Hong Kong.    Thanks Li Lian Ng for hosting the session (+ for that illuminating fact), and to all participants for making this a memorable one.    Amanda Murphy, Priya Kini, Yvonne Yiu, Noor Al Adhami, Manoj Dugar, Winnie Yap Harish Venkatesan Shirley Leong Anna Chu   Rui Xiang Tan Priscilla Teo Jane Ho Ashlyn Lim Patrick Kiu Anurag Zutshi Lani B. Sabrina Say Penny Quek Glenda Wong Sammi Xu Andy Siew Johnathon Yeo Bobbie Yip Keith Chew

In Singapore's competitive investment sector, find out how innovative firms like Syfe are transforming the digital investing experience with HSBC's RTP and Virtual Accounts and differentiating themselves by delivering greater convenience to retail investors: https://grp.hsbc/6041udvRU #buildingsmarterbusiness #cashmanagement #digitalinnovation #virtualaccounts

India will be the next

When companies truly creates value with a clear vision, the market responds with a resounding yes. Transforming resources into remarkable results, the alchemy of Why and How could totally be achieved.

<2024 - The Art of WarCraft : Part 2> UOB successfully employed the exquisite of its four-pronged strategy in early 2022 and acquired Citigroup's consumer banking businesses in Malaysia, Indonesia, Thailand and Vietnam. To further strengthen the position, the Bank has also merged its privilege reserve and private banking businesses to form a consolidated private wealth group. As now UOB Private Bank rebrands to accentuate its entrepreneurial spirit and Asean generational heritage, the "Singapore Premium" is in some ways surely more invaluable than ever. Synchronously, UOB Thailand's UOB Plaza Bangkok headquarters on Sukhumvit Road has won the Five Star Award for Best Office Development in Thailand, at the Asia Pacific Property Awards 2023-2024. This iconic landmark affirms the Bank’s true commitment to better serving the people of Thailand. Admittedly, the success story of Asia-grown bank is no exception when it comes to establishing physical institutions. Bangkok Post https://lnkd.in/gC7kHYmZ ♾ Please stay tuned on November 12th - 19th. Ardian Ares Management Corporation Apollo Global Management, Inc. Azimut Group Balyasny Asset Management L.P. Blackstone Brandes Investment Partners Brandywine Global Investment Management Brookfield Asset Management CBRE Investment Management DWS Group DZ BANK AG Invesco US Janus Henderson Investors Kotak Mahindra Bank Kotak Alternate Asset Managers Limited Kotak Mutual Fund Lazard Lazard Asset Management LaSalle Investment Management MFS Investment Management Millennium Natixis Investment Managers Neuberger Berman Northern Trust Corporation Nuveen, a TIAA company Oaktree Capital Management, L.P. Partners Group PGIM PineBridge Investments Putnam Investments Columbia Threadneedle Investments, US T. Rowe Price Schroders Wellington Management #TaeYuenThoughts #癸卯

Asia accounts for more than 60% of global growth, with the six largest economies in ASEAN forecast to grow by 4.5% in the coming years. What are the key focus areas for multinational corporates looking to grow in the region? Here are the highlights from the recently concluded HSBC 9th Asia Day in Singapore: https://grp.hsbc/6048RM2fI #HSBC #AsiaDay2023

HSBC Private Bank invited #FamilyOfficeHK to speak at the first HSBC Global Expo Annual Conference and 2024 Investment Outlook Seminar on 22 January in Shanghai, China. The event’s participants included high-net-worth individuals, asset owners, and representatives from family offices.   Jason Fong, Global Head of FamilyOfficeHK, delivered a speech on the topic “Hong Kong Family Office: How to Build Succession.” In his speech, he spoke about Hong Kong’s growing influence and importance as a family office and asset management hub in the world. He mentioned that Hong Kong is becoming a location for global family offices to base their operations,  which can be attributed to the Hong Kong government’s recent measures that were designed to attract them to the city. The measures he spoke about include the launch of the Network of Family Office Service Providers; a platform specially designed to help promote Hong Kong as a preferred destination of choice for global family offices. The Policy Statement on Developing Family Office Businesses in Hong Kong, which was issued by the Financial Services and the Treasury Bureau, also sets out other measures that have recently been implemented to bolster the city’s vibrant family office ecosystem. That includes tax concessions for family offices, the establishment of the Hong Kong Academy for Wealth Legacy, which will provide a structured networking platform with a unique identity for family offices, next-generation wealth owners, and industry practitioners, and the updated Capital Investment Entrant Scheme (CIES), which will further enrich the talent pool and attract more new capital to Hong Kong. FamilyOfficeHK looks forward to further working with HSBC Private Bank to promote Hong Kong as a leading hub for global family offices to thrive in Asia and beyond. #InvestHK #FamilyOfficeHK #HSBC #HSBCPrivateBank #UHNWI #AssetManagement #CIES

The ASEAN digital economy is among the world’s fastest-growing; worth USD218 billion in 2023 and expected to reach USD600 billion by the end of this decade. With its strategic location, robust infrastructure, and growing economy, Malaysia offers numerous opportunities for businesses looking to expand their operations in the region. The USD1 billion HSBC ASEAN Growth Fund credit facilities announced today will help the region’s digital players achieve economies of scale, grow their asset portfolios and advance along the corporate lifecycle. Digital investments rank as the top priority for Malaysian businesses, ahead of expansion into new markets in ASEAN. Over 70% are planning to increase their investments within the region, compared to the 47% that are adding to their investments elsewhere. In our 140 year presence, HSBC Malaysia has brought many technology firsts to the local market, from the nation’s first ATM machine to becoming the first bank in the country to launch a digital account opening journey. We remain well placed to serve the nation and companies’ growth ambitions - bringing in-depth local knowledge, wide ranging industry expertise, and an unrivalled regional and international network.  #HSBCMalaysia #140YearsAndBeyond #OpeningUpAWorldOfOpportunity #HSBCAseanGrowthFund Amanda Murphy Surendra Rosha Karel Avni Doshi Christina Cheah Alvin Kong Linda Yip Brian McGuire Jaya Menon Elly Neoh Raja Amir Raja Azwa Ivy Chin Mark Hall Yumei Lim Sherlyn Cheah Shell Pin Teh

HSBC has just launched a USD1 billion ASEAN Growth Fund in six of the fastest growth countries in ASEAN, to help scale up platform players in the region’s booming digital economy. In addition to the launch, we also surveyed 600 companies operating in Southeast Asia and found that “digitalising operations” is a key business priority, selected by 55% of Malaysian respondents and more importantly, we also see 82% of the respondents planning to increase their investment in the digitalisation of their businesses in ASEAN. Rapid digital adoption in ASEAN means businesses increasingly require fuss-free digital banking to support their growth. They want convenient and simple-to-use trade and payment solutions that would free up more time for them to focus on strategy and expansion and that’s where HSBC is, at the forefront of driving digital innovation in ASEAN. Read our coverage in The Edge: https://lnkd.in/gyAhDKeB Fintech News Malaysia: https://lnkd.in/gAH5ubz3 Omar Siddiq Amanda Murphy Surendra Rosha Jaya Menon Andrew Metcalfe Madeline Leong Taryn R. Jana Lim Anand Mukati Alex Wrigley Serena S. Christina Cheah Linda Yip Alvin Kong Raja Amir Raja Azwa William Tan Yun Lee T.

[Exclusive] Bank of Singapore, Asia's Global Private Bank like its peers is placing bets on the ASEAN region for business growth by catering to the wealth management needs of rich individuals, both onshore and offshore. Robin Heng sheds light on the bank’s growth strategy. #PrivateBanking #PrivateWealth #WealthManagement