Best bank: HSBC
In 2025, the conviction of HSBC’s broader business transformation was most clearly expressed in Hong Kong. In the year marking its 160th anniversary in the city, the bank doubled down on its home and highest returning market, announcing the privatisation of Hang Seng Bank. This move, completed in early 2026, reinforces HSBC’s leadership while advancing a simpler, more agile franchise.
Already the largest bank in Hong Kong by a considerable margin, HSBC extended that lead through disciplined execution and sustained growth.
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