HSBC report finds 80% of international firms plan to boost trade and investment with Saudi Arabia, citing Vision 2030 growth
HSBC
Latest in HSBC
Dubai
HSBC cashes in on record HNWI influx to UAE with launch of first Middle East wealth centre
HSBC has been expanding similar wealth hubs in China, Hong Kong, the UK, and more to serve clients who need multi-jurisdictional banking and investment services
financial planning
UAE mini-retirements explained: How financial planning can lead to multiple career breaks
UAE residents are leading a global shift to “mini retirements”, with HSBC survey showing rising wealth confidence and new lifestyle priorities
Abu Dhabi
Abu Dhabi’s Lunate adds HSBC as its first international Authorised Participant for ETFs
The appointment will enhance liquidity and trading accessibility for public investors in Lunate’s range of UCITS and local ETFs
Abu Dhabi Securities Exchange
Abu Dhabi’s ADX lists first blockchain bond in MENA region
The bond listing represents a collaboration between ADX, HSBC, and FAB, combining regional financial leadership with global expertise in digital issuance
HSBC
UAE businesses confident of international trade growth despite tariff woes
Businesses in the UAE remain optimistic of trade opportunities despite increased costs
AB Majlis
AB Majlis podcast: HSBC flags new era of financial crime as UAE fraud victims lose $2,500 per scam
The region’s unique combination of HNWIs, transient populations, and proximity to sanctioned nations makes it particularly vulnerable to various forms of financial crime, says HSBC’s Collin Lobo
Dubai Chambers
Dubai Chambers and HSBC team up to boost Dubai businesses on international stage
HSBC and Dubai Chambers offer international support for businesses looking to expand to new markets
financial institutions
HSBC launches Global Private Banking in Kuwait
The launch marks expansion of the bank’s wealth management services in the Middle East
HSBC
UAE entrepreneurs expect wealth and success amid confidence in tax rules and investment laws
HSBC report highlights the confidence of UAE entrepreneurs in the financial success of their business
EcoVadis
HSBC launches EcoVadis Sustainability Improvement Loan for mid-sized corporates in Middle East
HSBC’s new loan aims to support mid-sized businesses in their journey towards more sustainable practices
AB Majlis
AB Majlis podcast: Invest now, thank yourself later, says HSBC’s Basit Saiyed
This comes at a time when traditional savings accounts are falling short, prompting more people to turn to investments for better financial gains
exchange-traded fund
HSBC launches new digital trading platform in UAE
The new digital platform addresses customer needs for easier access to investment opportunities worldwide directly from their HSBC account, according to the bank’s statement on WorldTrader
banking business
HSBC hires senior private banking executive from UBS to serve wealthy Indians
Gautam Anand previously led a team at UBS that served wealthy Indians living overseas
China
HSBC to acquire Citigroup China consumer wealth business: Report
Citi said in December it was looking to sell some of its portfolios as part of its plan to wind down its China retail banking business
HSBC
Middle East leads global tourism pandemic recovery
Middle East tourism has surpassed pre-pandemic levels, according to new research
banking business
HSBC returns to private banking in India with ambitious plans
HSBC’s efforts to convince prospective Indian clients that its wealth management services in the country will not make a retreat again are a linchpin for its ambitious plans there
