بنكي | Middle Eastern clients

HSBC’s Swiss Private Bank Ends Ties with Wealthy Middle Eastern Clients amid Restructuring and Regulatory Scrutiny

HSBC is pressing ahead with a major restructuring of its Swiss private banking business in a move aimed at reducing exposure to clients classified as high-risk. The bank has decided to terminate relationships with a significant number of Middle Eastern clients, including wealthy individuals with assets exceeding 100 million, according to people familiar with the matter.