Wealth and Asset Management
HSBC looks to double UK wealth business as banks target 'mass affluent'
HSBC aims to double the assets under management in its British wealth business to 100 billion pounds ($131 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 Financial Express