No international lender is better at serving privately wealthy China clients wherever they are in the world than HSBC.
It is important to break down this award clearly. Strict capital controls mean China is in effect two completely different wealth-management markets. There is the onshore part, dominated by local operators and a few global firms, and the more complex offshore segment: wealth held by the Chinese diaspora scattered across the world.
There is a fair amount of overlap too.
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