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Cross Border

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HSBC wants a top-tier India wealth seat by 2030. The map runs beyond the metros.

Private Wealth

30 Sep 2026

HSBC wants a top-tier India wealth seat by 2030. The map runs beyond the metros.

HSBC India chief executive Hitendra Dave has set a public ambition for the bank to rank among India’s top four or five private banks in wealth management by 2030. The plan rests on wealth, transaction banking and cross-border “globality,” with branch expansion into smaller cities where affluent pools are growing.

Mainland Wealth Is Buying Overseas Multi-Asset Through the Licensed Door

Private Wealth

17 Sep 2026

Mainland Wealth Is Buying Overseas Multi-Asset Through the Licensed Door

Pictet’s Hong Kong-domiciled Strategic Income Fund has grown to $5.1 billion from $1.6 billion at the start of 2026. About 60 per cent of that book arrived from mainland China through the Mutual Recognition of Funds channel. The investment mix in the August note included US Treasuries, gold, and listed US technology.

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