HSBC Appoints China Wealth Duo
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HSBC has appointed Max Xu as head of international wealth and premier banking in China, effective April 1, reporting to CEO Mark Wang. Xu, with over 20 years of banking experience, previously led premier banking at HSBC. Samuel Chen has also been appointed head of private bank, effective the same date, reporting to Xu. These appointments aim to strengthen HSBC's leadership in wealth management and private banking in mainland China, emphasizing sustainable growth and enhanced client experience.
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