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Wealth Management

Wanted: more private bankers at HSBC

Catch up on the top news in wealth management this week

By Kristen McGachey
The UK lender might be pulling back in investment banking, but is keen to bolster its wealth credentials
The UK lender might be pulling back in investment banking, but is keen to bolster its wealth credentials Photo: Mike Kemp/Getty

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Life has not been easy for HSBC’s City dealmakers, some of whom were unceremoniously booted out on bonus day, as Financial News and now the Financial Times have reported.

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