In wealth management, it's all about the personal touches. At its half-year results, HSBC said it expected Asia to generate half of its private banking assets under management within five years, up from 30 per cent now. But the ambitions of the world's third-largest bank by market capitalisation were yesterday checked by the 132nd largest. OCBC of Singapore, the city-state's number three lender, matched the Big Elephant's bid for ING's Asian wealth business. With HSBC unwilling to offer more, OCBC won out thanks to a pledge to shield its new staff from redundancies.
在財富管理領域,一切都與個人感觸有關。滙豐(HSBC)在半年度業績報告中預計,亞洲在其私人銀行資產管理規模中所佔比重,將在5年內從現在的30%上升到50%。但這家全球第三大銀行(以市值計)的雄心,昨日受到排名第132位的銀行的阻擊:新加坡第三大銀行——華僑銀行(OCBC)發起了與這頭「大象」的角逐,目標是荷蘭國際集團(ING)的亞洲財富業務。由於滙豐不願意提供更多東西,華僑銀行憑藉着不會裁減新員工的承諾最終勝出。