HSBC Private Bank - Company Profile
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HSBC Private Bank (HSBCPB) is the global private banking arm of HSBC Group. Improved cost efficiency and revenue, and comprehensive offerings are a few of its key strengths, even as decline in client assets could be a cause for concern. Emergence of FinTech, and growing wealth management prospects in Switzerland could offer ample growth opportunities to the bank. However, litigation risk, crowded Robo advisor field, and competition could pose various challenges to the bank.
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