Private banking: HSBC aims for the top

The best wealth manager in growth areas such as Asia and the Middle East, HSBC is the firm others have to watch in private banking. Its chief executive of global private banking, Chris Meares, tells Helen Avery how his bank forged ahead during a turbulent 2008.

Private Banking and Wealth Management Survey 2009 results
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Testing times shake up the old hierarchy Families seek havens from the storm
HSBC aims for the top Barclays seeks out mega-rich
Methodology
Chris Meares, HSBC Private Bank

“Wealthy individuals and particularly those with international demands will always need private banks that can provide a broad range of banking, investment and wealth planning”

Chris Meares, HSBC Private Bank

HIGH-NET-WORTH individuals have been removing some, if not all, of their assets from private banks tarnished by their investment banking associations or misconduct.

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