HONG KONG (Reuters) – The non-public banking enterprise of HSBC Holdings PLC is aggressively pursuing double-digit progress in consumer belongings and income, riffing off a surge in Asian wealth, the unit’s chief govt instructed Reuters.

FILE PHOTO: Anti-government demonstrators stroll previous a board with the brand of HSBC throughout a flash mob protest after violent China’s Nationwide Day protests, at Central, in Hong Kong, China October 2, 2019 REUTERS/Tyrone Siu

Antonio Simoes additionally stated the London-headquartered financial institution goals to extend its onshore presence in China, residence to an eighth of all billionaires’ wealth worldwide and the place it is without doubt one of the few world…

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