HSBC Channel Islands and Isle of Man is expanding its wealth services to customers in Jersey and its HSBC Expat customers worldwide, making the Bank’s Jersey headquarters an international wealth hub and centre of excellence within HSBC globally.
The expansion will include new investment and wealth management products, as well as a new wealth insights hub for customers to access regular information and insights relating to managing their wealth and investments, giving them more independent oversight of their portfolios.
To support this growth, HSBC is creating 30 new roles for wealth advisors during the coming year as well as upskilling existing teams through its own wealth academy.
Commenting on the expansion, John Goddard, Head of Wealth and Personal Banking at HSBC, said: “The expansion of our wealth services to become one of HSBC’s worldwide hubs for international wealth is a significant development for HSBC in the islands. It builds on our already strong and diverse businesses here. Global expats and island customers alike will benefit from industry-leading products, cutting-edge insights and excellent service. We look forward to welcoming new wealth advisors to our team and rolling out the wealth academy.”
The expansion is part of a multi-year investment into the Jersey-based business which is viewed as a strategic growth market for HSBC. It is underpinned by the firm’s confidence in customer demand and global recognition of Jersey as a leading international finance centre.
