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Analyst Opinions
Super League In-Depth Analysis: HSBC Private Bank 2016
HSBC Private Bank is a brand used by HSBC’s Global Private Banking division, which caters for customers with at least $5m in investable assets. The bank has been reviewing its strategy and consequently significantly reducing its international foothold, in 2016 closing private banking offices in markets including Brazil and Turkey. The HSBC brand has suffered from tax evasion investigations in a number of countries, and the bank’s name was also widely mentioned in relation to the so-called Panama Papers scandal....