HSBC Hires Citigroup Exec for Private Bank CEO
Update: 2025-12-22
Description
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.
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