Arab Press

بالشعب و للشعب
Saturday, May 31, 2025

HSBC is busy hiring credit specialists in Hong Kong

HSBC is busy hiring credit specialists in Hong Kong

HSBC is ramping up the structured lending business within its private bank as part of its stated ambition to become the leading wealth manager in Asia in the next four years.
The bank has appointed Mathieu Rabiller to the newly-appointed role as head of origination, North Asia for HSBC Private Banking in Hong Kong.

Rabiller appears to have won a big promotion. He has joined HSBC as a managing director from previous employer Citi, where he was a director in a team responsible for capital call financing and private equity client solutions.

At HSBC, Rabiller will be responsible for the credit specialist team, as well as private equity and real estate asset classes across Asia Pacific. He reports to Jyrki Rauhio, head of credit advisory for Asia Pacific at HSBC private banking. Rauhio used to work for Citi too, where he was head of private banking for South-East Asia until he joined HSBC last November.

Rabiller is the fourth credit specialist to join HSBC in the last month and there are more to come as part of a plan by the bank to build a leading position in Lombard lending – a form of asset-backed lending popular among private banking clients. The bank is also looking to hire a head of origination and credit advisory for South-East Asia.

The hires are part of HSBC’s ‘pivot to Asia’ which involves growing its revenues across global banking and markets and international wealth management. In particular, the bank plans to add 5,000 wealth managers over the next five years as part of a $6bn investment in Asian wealth management. Rabiller wrote on his LinkedIn page that “the goal is simple: becoming the leading wealth management provider in Asia by 2025.”

HSBC will hope its existing strength in Asia will enable it to fight off competition from other international banks looking to tap into rising affluence in China, and they are increasingly hiring investment bankers with specialist skills to work within their private banking teams.

On May 25, Goldman Sachs announced plans to form a wealth management joint venture with state-owned Industrial and Commercial bank of China as reforms allow foreign banks to expand in mainland China. Goldman is set to hire 400 bankers across all of its divisions.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Meta and Anduril Collaborate on AI-Driven Military Augmented Reality Systems
EU Central Bank Pushes to Replace US Dollar with Euro as World’s Main Currency
European and Arab Ministers Convene in Madrid to Address Gaza Conflict
Head of Gaza Aid Group Resigns Amid Humanitarian Concerns
U.S. Health Secretary Ends Select COVID-19 Vaccine Recommendations
Trump Warns Putin Is 'Playing with Fire' Amid Escalating Ukraine Conflict
India and Pakistan Engage Trump-Linked Lobbyists to Influence U.S. Policy
U.S. Halts New Student Visa Interviews Amid Enhanced Security Measures
Trump Administration Cancels $100 Million in Federal Contracts with Harvard
SpaceX Starship Test Flight Ends in Failure, Mars Mission Timeline Uncertain
King Charles Affirms Canadian Sovereignty Amid U.S. Statehood Pressure
Iranian Revolutionary Guard Founder Warns Against Trusting Regime in Nuclear Talks
Netanyahu Accuses Starmer of Siding with Hamas
Calls Grow to Resume Syrian Asylum Claims in UK
UAE Offers Free ChatGPT Plus Subscriptions to Citizens
Denmark Increases Retirement Age to 70, Setting a European Precedent
Iranian Director Jafar Panahi Wins Palme d'Or at Cannes
Israeli Airstrike Kills Nine Children of Gaza Doctor
Lebanon Initiates Plan to Disarm Palestinian Factions
Iran and U.S. Make Limited Progress in Nuclear Talks
Trump Administration's Tariff Policies and Dollar Strategy Spark Global Economic Debate
OpenAI Acquires Jony Ive’s Startup for $6.5 Billion to Build a Revolutionary “Third Core Device”
Turkey Weighs Citizens in Public as Erdoğan Launches National Slimming Campaign
UK Suspends Trade Talks with Israel Amid Gaza Offensive
Iran and U.S. Set for Fifth Round of Nuclear Talks Amid Rising Tensions
Russia Expands Military Presence Near Finland Amid Rising Tensions
Indian Scholar Arrested in Crackdown Over Pakistan Conflict Commentary
Israel Eases Gaza Blockade Amid Internal Dispute Over Military Strategy
President Biden’s announcement of advanced prostate cancer sparked public sympathy—but behind closed doors, Democrats are in panic
Mount Lewotobi Laki-Laki Erupts Again, Spewing Ash Cloud over Flores Island
Indian jet shootdown: the all-robot legion behind China’s PL-15E missiles
The Chinese Dragon: The True Winner in the India-Pakistan Clash
Australia's Venomous Creatures Contribute to Life-Saving Antivenom Programme
The Spanish Were Right: Long Working Hours Harm Brain Function
Did Former FBI Director Call for Violence Against Trump? Instagram Post Sparks Uproar
US and UAE Partner to Develop Massive AI Data Center Complex
Apple's $95 Million Siri Settlement: Eligible Users Have Until July 2 to File Claims
US and UAE Reach Preliminary Agreement on Nvidia AI Chip Imports
President Trump and Elon Musk Welcomed by Emir of Qatar Sheikh Tamim with Cybertruck Convoy
Strong Warning Issued: Do Not Use General Chatbots for Medical, Legal, or Educational Guidance
NVIDIA and Saudi Arabia Launch Strategic Partnership to Establish AI Centers
Trump Meets Syrian President Ahmad al-Shara in Historic Encounter
US and Saudi Arabia Sign Landmark Agreements Across Multiple Sectors
Why Saudi Arabia Rolled Out a Purple Carpet for Donald Trump Instead of Red
Elon Musk Joins Trump Meeting in Saudi Arabia
Trump says it would be 'stupid' not to accept gift of Qatari plane
Quantum Computing Threatens Bitcoin Security
Michael Jordan to Serve as Analyst for NBA Games
Senate Democrats Move to Censure Trump Over Qatar Jet Gift
Hamas Releases Last Living US Hostage from Gaza Amid Ongoing Conflict
×