HSBC Private Bank has launched its HSBC Access platform in Singapore, extending institutional-tier investment opportunities to ultra-high-net-worth individuals and family offices operating in the region.
Singapore marks the second market to host the platform, following its initial rollout in Hong Kong.
Through HSBC Access, eligible clients gain entry to exclusive investment avenues tied to high-growth innovation sectors.
The platform also provides curated research and insights compiled from HSBC’s corporate, trade, and innovation banking divisions.
Additionally, clients are connected with a network of preselected entrepreneurs and organizations, including founders of emerging technology startups.
Investment offerings span venture capital funds, private equity vehicles, and direct investment opportunities—segments traditionally reserved for institutional investors.
Tommy Leung, Head of Private Banking for South Asia at HSBC, emphasized the platform’s value: “HSBC Access opens a direct pathway into private investment opportunities sourced across our corporate and innovation banking networks, supported by expert wealth planning and succession strategies that help convert business success into enduring family legacies.”
Gilbert Ng, Head of Banking, Corporate and Institutional Banking for HSBC Singapore, highlighted the bank’s holistic approach: “From venture-backed startups to established regional corporations, our deep involvement across the business lifecycle enables the comprehensive reach that HSBC Access offers.”
In related developments, HSBC Private Bank recently strengthened its leadership team in Asia, with key appointments aimed at reinforcing its focus on India-, Singapore-, and China-related markets.
Among the new appointments, Harjeet Singh assumes the role of Senior Desk Head for Global India in Singapore, while Lay Hong Tan joins from UBS to lead the Singapore market desk. Jay See has been named Desk Head for Offshore China Market in Singapore.
Industry reports suggest HSBC is exploring a strategic realignment of its Singapore operations, potentially consolidating its wholesale, retail, and private banking divisions under a unified structure.
Despite these considerations, HSBC remains committed to expanding its footprint in Singapore, with plans underway to establish a global AI center and recruit over 100 artificial intelligence specialists.
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