London-based HSBC strengthens its wealth offering in mainland China with an upgrade of its legacy planning services.
HSBC Global Private Banking will upgrade its legacy planning offering for clients in mainland China, according to a statement, covering needs in family trust advisory, risk planning, education and philanthropy advisory.
The bank will partner with third party service providers across trust, legal and tax, to support clients on the set up of family trusts. Thereafter, HSBC will also assist in the coordination of family trust matters and provide advice on the investment and management of trust assets.
Within mainland China, the legacy planning offering is available in six cities: Beijing, Shanghai, Guangzhou, Shenzhen, Chengdu and Hangzhou.
