The bank continues to open wealth centres, with examples in the UK, Singapore, Taiwan, Hong Kong, mainland China and Malaysia.

HSBC in Singapore has opened its newest and largest wealth centre in the city-state.

The centre, which is located at Singapore Land Tower, is the bank’s first sky lounge and first-ever dedicated Premier Elite space in Singapore, the lender said in a statement late last week. 

UK/Hong Kong-listed HSBC has opened a variety of such centres around the world, for example in the UK, mainland China, Singapore, Malaysia, Taiwan and Hong Kong. (See stories here and here.)

The new office, which covers 7,884 square feet on the 33rd floor of the Singapore Land Tower, is the fourth of HSBC’s wealth centres in the jurisdiction. The centre has exclusive places set aside for Premier and Premier Elite clients. 

“Singapore is a priority market and wealth hub for HSBC, and our new Singapore Land Tower Wealth Centre reflects our ongoing commitment to deliver exceptional service and experience for our clients here,” Ashmita Acharya, head of international wealth and premier banking, Singapore, said.

HSBC Premier Elite – unveiled in 2024 – serves affluent clients with a minimum total relationship balance of S$1.2 million ($940,000). 

The Sky Lounge