HSBC Hires Citigroup Exec for Private Bank CEO

Ida Liu, a seasoned executive from Citigroup, is HSBCs new CEO of its private bank. She aims to accelerate growth, attract ultra-high net worth clients, and strengthen cross-border connections. HSBC plans to double its UK assets under management to $135 billion by 2028. Lius diverse background, including investment banking, fashion, and leading Citis private bank, positions her to leverage HSBCs global reach and innovation.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.