Strategy
HSBC Private Bank Launches Family Office Initiative

HSBC Private Bank has appointed New York-based Mary Duke to head up a new service for multi-jurisdictional families. Ms Duke is currently head of the bank’s wealth advisory services. The initiative will bring HSBC’s regional family wealth specialists from around the world to better serve the complex needs of today's wealthy families dealing with family owned enterprises and multi-jurisdictional issues, according to a statement from the bank.