HSBC raises the digital game

HSBC's Nuno Matos: “HSBC Malaysia expects more than 90% of our retail transactions to be done through digital channels by the end of 2022, he said, adding that this would also accelerate its wealth management business going forward.”

PETALING JAYA: HSBC Group, which sees Malaysia as an important market for its wealth management business in Asia, is upping its digital initiatives to spur its wealth management business in the country.

Spelling out the initiatives for the country’s wealth management business, the group’s chief executive for wealth and personal banking Nuno Matos told StarBiz that: “We are digitising at scale to put a ‘bank in our customers’ pockets’ and view digitisation as an important growth lever for our wealth business in Malaysia.

Article type: metered
User Type: anonymous web
User Status:
Campaign ID: 48
Cxense type: NA
User access status: 0
Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

HSBC , bank , digitalisation , Nuno Matos ,


Next In Business News

CPO futures likely to trade in yo-yo mode next week
Maybe Apple’s weakness isn’t just supply chain woes
Good news for the global economy
BP, Chubu Power to study CCS project at Nagoya
Short Position: Private equity exits, Managing cyber threats, Don’t kick the can down the road
Bonds surge as traders call time on hikes
Central banks continue fight against inflation
Defining market manipulation
Lee Chun Fai redesignated as IJM CEO and MD
Oil set for weekly loss

Others Also Read