HSBC Private Banking Sees Huge Growth in Net New Money

HSBC Private Banking reported a 30.8 per cent rise in pre-tax profit to $912 million in 2005. The bank said group private banking grew strongly in all regions. Net new money came in at $35.7 billion in....

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By: Contributing Editor
March 6, 2006
HSBC Private Banking reported a 30.8 per cent rise in pre-tax profit to $912 million in 2005. The bank said group private banking grew strongly in all regions. Net new money came in at $35.7 billion in....