HSBC sees private banking as boon


HSBC Bank Malaysia Bhd, a new player in the local private banking business, is confident that its infrastructure and resources in meeting its clients' needs would stand it in good stead in the face of growing competition.  

Head of its private bank unit, Andy Yong, said: “HSBC has the global expertise in handling the wealth management business and we can tap into this expertise to serve the growing needs of wealthy individual clients in Malaysia.  

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