HSBC Plans to Open Wealth Center in Abu Dhabi
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A report dated October 26, 2026, said that HSBC will open a wealth center in Abu Dhabi in December to expand its wealth business in the Middle East. HSBC’s first regional wealth center in the region opened in Dubai last year. Previously, the bank launched 10 local funds in January and introduced tokenized deposits in June, allowing customers to transfer funds in multiple currencies at any time. The report also said that a survey covering 16 markets showed that 88% of business leaders plan to expand their regional operations over the next four years.
AI-written from reports · updated 2 hours ago
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- Fintech News Middle EastHSBC to establish a wealth centre in Abu Dhabi and expand its Middle East wealth business
HSBC will open a wealth centre in Abu Dhabi in December to expand its Middle East wealth business; the bank’s first regional wealth centre opened in Dubai last year. HSBC launched 10 local funds in January and rolled out tokenized deposits in June, allowing clients to transfer funds at any time in multiple currencies. A survey covering 16 markets found that 88% of business leaders plan to expand their regional operations over the next four years.
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