UBS delivered outstanding financial performance and client satisfaction over the review period, driven by successful integration efforts, distinctive ultra-high-net-worth (UHNW) offerings, and an ability to engage next-generation clients.

ADCB Private and Wealth Management has demonstrated excellent financial growth, commitment to sustainability and digital innovation over the review period.

In a region where cross-border wealth dynamics and the aspirations of ultra-high-net-worth (UHNW) clients define the private banking landscape, HSBC has reinforced its position as a cornerstone of global financial connectivity. Leveraging a century-long legacy in the Middle East and a Swiss private bank entity that serves as its international hub, the firm cultivates a unique blend of localised expertise and institutional scale – a combination that resonates deeply with the region’s entrepreneurial elite.

HSBC has solidified its position as a leader in fund selection across the Middle East, driven by a combination of rigorous methodology, expansive product diversity and a forward-looking approach tailored to regional preferences.

SAB’s strength in the private banking sector has been demonstrated across multiple areas, especially when it comes to investment opportunities and digital solutions.

HSBC’s chief investment office (CIO) has distinguished itself in the Middle East through a blend of institutional rigour, client-centric innovation, and cross-border collaboration, earning acclaim for its strategic foresight and execution.

DBS’s private banking business has achieved impressive growth, driven by a strategic focus on talent, client retention and a thriving family office segment.

CTBC Bank delivered strong financial performance across private banking during the awards period. Its Private Privilege service, targeting ultra-high net-worth clients, saw assets under management grow 22%, with revenues up 35%, while the Private Plus segment, targeting high net-worth clients, saw revenues rise 41%. Wealth management fees surged 49%, while fee-based assets under management in investment platform services increased by 26%.

BDO Private Bank continues to set the benchmark for private banking in the Philippines, delivering tailored financial solutions that align with the complex needs of high net-worth individuals.

HSBC is recognised as Hong Kong's best private bank due its commitment to tailored solutions that cater to the evolving needs of the market's private banking clients.

With its outstanding service capabilities, innovative product design, and professional market research, Bank of China Private Banking has once again been named China’s best state-owned private bank, as well as the best private bank for impact investing. These accolades reflect its comprehensive service system, as well as its integrated and globalised financial products and investment solutions.

In a year marked by geopolitical shifts and market volatility, HSBC’s investment research team carved a niche by transforming complexity into actionable clarity. Guided by a framework that prioritises long-term structural trends over short-term noise, the bank’s 2024 research strategy centred on five core themes: disruptive technologies, climate action, the evolving society, Asia’s new world order, and tactical opportunities tied to earnings growth and rate cuts. This approach not only navigated uncertainty but delivered measurable outperformance for clients.

HSBC strengthened its fund selection capabilities in 2024, blending institutional rigour with digital innovation to deliver strategies that weathered market storms. Anchored by a philosophy of global diversification and disciplined risk management, the team’s open-architecture platform – offering access to over 300 active funds and 500 exchange-traded funds, vetted by a 40-member global manager selection team across Hong Kong and India – ensured clients capitalised on best-in-class active and passive managers worldwide.

Key learnings from HSBC, voted by 13,000+ corporates in Euromoney’s Trade Finance Survey 2025 as the best trade finance provider in the world and in Asia-Pacific.

Key learnings from HSBC, voted by 13,000+ corporates in Euromoney’s Trade Finance Survey 2025 as the best trade finance provider in the world.

Key learnings from HSBC, voted by 30,000+ corporates in Euromoney’s Cash Management Survey 2024 as the best cash management provider in North America.

As the battle of the bulge continues, European trading desks are struggling against the Wall Street top five in the never-ending squeeze for scale. With HSBC the latest bank to bow out of the ring, Euromoney explores what banks should be looking for to boost profitability.

Manish Kohli, global head of payments solutions at HSBC, speaks to Euromoney about how client-centric innovation, technological transformation, and a strong leadership ethos are driving the bank’s edge on payments and treasury solutions.

US and Canadian banks may have had a head start in generative AI, but some European banks are trying to close the gap. Those in charge of harnessing the technology at big banks in Europe say they are gaining confidence in its use: adapting marketing shots to certain client profiles, helping sales managers to sift through product policies and much more.

Key learnings from HSBC, voted by 30,000+ corporates in Euromoney’s Cash Management Survey 2024 as the best cash management provider in the world.

As HSBC retrenches from domestic business on the continent, BNP Paribas steps up its ambition in Europe’s biggest economy – focusing largely on the family-owned Mittelstand.

HSBC continues to develop its market-leading franchise in global non-deliverable forwards (NDF). With operations now spanning 25 key NDF jurisdictions, including Brazil, Taiwan and Korea, coupled with a sales presence in nearly 50 locations and dedicated e-FX sales teams, HSBC provides clients with market colour in local market dynamics.

HSBC has established itself as a leader in the corporate foreign exchange space by continuously developing innovative solutions. The bank provides liquidity across a range of channels and has consistently ranked in the top three on external platforms with a heavy corporate presence.

HSBC has demonstrated robust growth and innovation. It expanded its wealth-management offerings and enhancing support for high-tech and green financing. Its local head is Daniel Chan.

Despite Asia boasting the world’s highest mobile payment penetration rate, digital banks in the region have failed to meet expectations. Traditional banks in many Asian markets no longer view them as serious competitors. What explains this underwhelming performance and are there any exceptions?

Newly onboarded corporate customers at HSBC grew by 21% last year. It introduced Smartserve, which reduces the number of days required to open an account, and Omni Collect, which simplifies the way businesses collect payments.

In 2023, HSBC saw its market share of foreign investment into Malaysia reach 30% of total assets under management, making it the leading custodian and clearing bank for foreign institutional investors investing in country’s capital markets. HSBCnet Get Rate, which provides its Malaysian customers with automatic preferential FX rates, was upgraded to allow 24/7 FX booking for companies with EU and US headquarters.

HSBC grew profit before tax by 188% in 2023 to SLR38.2 billion ($126 million).

HSBC had a good year in India in 2023, with profits up by 19% to $1.51 billion, from $1.27 billion the previous year.

HSBC achieved robust growth in 2023 with net profit growing 26% to total $566 million, with growth coming from its commercial, wealth and personal banking businesses.