A visit by the CEO of HSBC Europe last week underlines the importance of the Channel Islands’ business as part of the Bank’s European and wider international growth strategy.
Colin Bell, CEO of HSBC Europe, was in Jersey and Guernsey last week to meet with the Bank’s teams, as well as key clients and representatives from the islands’ financial regulators.
During his visit he highlighted the significant growth ambitions of HSBC within Europe, pointing in particular to the critical role the islands play in achieving that strategic aim. By developing innovative solutions, investing in technologies and leveraging the Bank’s industry leading position in terms of transaction banking, trade, capital markets and financing, he explained how HSBC Europe was focused on enabling global connectivity with key markets, including Asia, to support customers.
Commenting on his visit, Colin said: “It was a pleasure to meet with our teams, customers and other stakeholders across Jersey and Guernsey to discuss how HSBC Europe is continuing to enhance its leading international wholesale banking proposition, complemented by a targeted wealth and personal banking business for our customers. HSBC Europe is at the core of the global HSBC network that spans 62 countries and territories, with Europe acting as both the heart and bridge for international connectivity as a bank. As part of our Europe business and as well-regulated high-quality jurisdictions, the Channel Islands and Isle of Man are absolutely critical in achieving our growth ambitions.”
Warwick Long, CEO, HSBC Channel Islands and Isle of Man, added: “I was delighted to welcome Colin to the islands. His visit comes after a number of visits from our international leadership team in recent years, which reflects the strategic role we are playing in supporting the Bank’s ambitions in Europe and internationally through our market leading wealth and commercial banking capabilities. With Europe being the largest trading bloc in the world, these are exciting times for our business in the Channel Islands, and we remain well placed to support the international growth ambitions of our customers.”
Pictured: Left to right – Colin Bell and Warwick Long
