HSBC is planning to open three wealth centres in Singapore by the first three months of next year, expanding its investment fivefold in its physical network.
The centres will be in the Asian city-state’s central business district and the east and west region of Singapore, HSBC said.
HSBC said it has doubled its technology investments in Singapore over the past five years, while planning to increase the number of staff in client-facing roles by more than a third by 2028.
Wong Kee Joo (pictured), CEO of HSBC Singapore said: “Since HSBC established its presence here in 1877, our purpose has always been to connect our customers to opportunities. Our substantial investments have set the stage for future growth, enabling us to better support the needs of our clients.
“As Singapore grows as an international financial centre and international wealth hub, HSBC is uniquely placed to meet the wealth and international banking needs of our clients through the scale and breadth of our network and capabilities.”
Ashmita Acharya, head of wealth and personal banking at HSBC Singapore said, “We want to be the wealth manager of choice for affluent Singaporeans and international professionals.
“We’ve been focused on elevating the customer experience across our channels and building a differentiated proposition that supports our client’s wealth, health and international banking needs – from growing and protecting their wealth, to planning for their family, their children’s international education, and the next generation.”
