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Hang Seng Bank Hires HSBC Private Bank Market Head Rachel Wei as Head of Private Bank & Trust Services, 13 Years Holding Senior Roles at HSBC Including Market Head of Private Banking, Head of Global Trade & Receivable Finance and Managing Director of Commercial Banking
17th April 2024 | Hong Kong
Hang Seng Bank has hired HSBC Private Bank Market Head Rachel Wei as Hang Seng Bank Head of Private Bank & Trust Services. Rachel Wei has held senior roles for around 13 years at HSBC including Market Head of Private Banking, Head of Global Trade & Receivable Finance and Managing Director of Commercial Banking. Hang Seng Bank is 62.14% owned by HSBC Group. In February 2024, HSBC Group has been reported to be supporting Hang Seng Bank with expertise in risk management for Corporate, Retail, Wealth & Private Banking. Hang Seng Bank non-performing loan exposure had increased from 1.92% to 2.85% including exposure to China property sector.
“ Hang Seng Bank Hires HSBC Private Bank Market Head Rachel Wei as Head of Private Bank & Trust Services, 13 Years Holding Senior Roles at HSBC Including Market Head of Private Banking, Head of Global Trade & Receivable Finance and Managing Director of Commercial Banking “
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HSBC Group to Support Hang Seng Bank in Risk Management for Corporate, Retail, Wealth & Private Banking, Hang Seng Bank Non-Performing Loan Exposure Increased from 1.92% to 2.85% Including Exposure to China Property Sector, Hang Seng Bank is 62.14% Owned by HSBC Group
24th February 2024 – HSBC Group has been reported to be supporting Hang Seng Bank with expertise in risk management for Corporate, Retail, Wealth & Private Banking. Hang Seng Bank non-performing loan exposure had increased from 1.92% to 2.85% including exposure to China property sector. Hang Seng Bank is 62.14% owned by HSBC Group.
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