The British lender announces the opening of the «HSBC Fintech Services (Shanghai) Company Limited», according to a media statement, with an eye to scale up its wealth management business in the mainland.
“We believe technology can help provide better customer services, which can spur growth of the real economy,” said Mark Wang, president and chief executive officer for China.
“The opening of HSBC Fintech reflects HSBC’s commitment to investing in mainland China and also our support to developing technology and innovation in the financial world.”
