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
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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
bailout
Silicon Valley Bank UK arm rescued in private sale to HSBC
The move would protect deposits without taxpayer support
Expat
UAE best country in world for expat lifestyle, salaries and families
New survey sheds light on why expats choose to relocate to the UAE
BP
UAE investors can’t get enough of these 5 UK stocks
UAE investors eye oil and gas stocks in the UK
GCC economic growth
HSBC economists forecast 5 percent growth for GCC economy
In its Economist Roadshow in Kuwait City, the bank says Kuwait’s GDP will grow 7.2 percent for 2022, but dip to 2.6 percent next year
banking
HSBC says Dubai is ideal base to tap into new growth across the region
The bank’s group chairman met recently with Sheikh Maktoum bin Mohammed, Minister of Finance and deputy ruler of Dubai
banking and finance
Economic reforms driving surge in new liquidity in Gulf, says senior HSBC exec
Richard Godfrey, HSBC’s global co-head of securities services, says new working week in the UAE sets stage for further growth