Wealth and Asset Management
HSBC to double UK wealth business as banks target 'mass affluent'
HSBC aims to double the assets under management (AUM) in its British wealth business to £100 billion (S$171.5 billion) in the next five years, the division’s head told Reuters, joining rivals in targeting more fee income from the UK’s ‘mass affluent’. The lender aims to become a top five player…
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Click here to read the full story: The Business Times