Private banking: Who to focus on?

Private banking 2007: A wealth of opportunity? 

Private banking: Where to focus? | Private banking: What to focus on?  

Chris Meares, CEO, HSBC Group Private Banking

Entrepreneurs continue to be our main source of new clients. More specifically, wealth creators who are busy, internationally mobile people who live and operate in multiple jurisdictions. We continue to attract the ultra-high-net-worth individuals who look for a very strong, trustworthy custodian down through the wealth pyramid to those with $2 million in investable assets.

Our focus is on new wealth creation rather than on legacy wealth transfer.