The launch reflects HSBC’s ambition to be the bank for entrepreneurial wealth in Asia – connecting founders’ business success with tailored investment strategies and long-term wealth planning.

Over the past year, HSBC has observed a steady increase in liquidity and transition activity among founders, particularly those linked to its Corporate and Institutional Banking (CIB) network.

According to HSBC’s Global Entrepreneurial Wealth Report 2025 (GEWR), Singapore is top among the world’s most attractive hubs for entrepreneurs, with 15 per cent planning to move their wealth here and 12 per cent exploring personal relocation, underscoring continued confidence in Singapore’s stability, connectivity and innovation ecosystem¹.

This confidence is also reflected across Asia, where renewed investor optimism is driving a rebound in capital markets². Hong Kong is on track to reclaim its IPO leadership_³ and India set for a strong year-end pipeline⁴, creating new opportunities for entrepreneurs to diversify and structure their wealth.

“Entrepreneurs are at the heart of Singapore’s economy and its rise as a hub for innovation and capital for the ASEAN region. Currently, close to two-thirds of our Global Private Banking clients in Singapore are entrepreneurs,” said Tommy Leung, Head of Global Private Banking, South Asia, HSBC. “Our proposition brings together the full strength of HSBC, combining our Global Private Banking (GPB) and corporate banking capabilities to help entrepreneurs manage their business success, liquidity, and legacy within one connected ecosystem.”

Supporting Entrepreneurs at Every Stage

The enhanced proposition unites HSBC’s personal and business banking expertise to bridge founders’ commercial ambitions with their long-term wealth planning.

To address these needs, the offering includes:

• Private Wealth Entrepreneur Incubation – designed for existing corporate clients who have yet to onboard with the Private Bank, offering early access to tailored wealth planning, investment events, and a global network of industry experts
• Business Growth & Transition Series – educational and advisory sessions guiding founders through pre-exit, IPO, and succession planning
• Innovation Exchange – first launched in Hong Kong and the UK, now introduced in Singapore to connect private bank clients with cutting-edge entrepreneurs and ventures across Asia’s innovation economy

While many of HSBC’s clients built their fortunes in manufacturing and real estate, a new generation of founders is emerging from technology, sustainability, and innovation sectors. HSBC’s cross-bank expertise positions it to support these entrepreneurs as they move from scaling their businesses to building lasting wealth and legacy.

Gilbert Ng, Head of Banking – Singapore, Corporate and Institutional Banking, HSBC, said: “The power of HSBC is in our ability to holistically support entrepreneurs’ personal and corporate needs. By deepening our collaboration with the private bank, we can now provide our corporate clients, especially start-ups and founders, early access to expert advice and investment solutions, to manage and protect their wealth while building new connections to scale their business.”

Collaboration remains a cornerstone of HSBC’s approach – today, a meaningful proportion of HSBC GPB Singapore clients are referred from CIB, underscoring the strength of the universal bank model and cross-business connectivity.

“We’re seeing more entrepreneurs across Asia looking beyond growth to legacy – how to transition their success to the next generation,” added Tommy Leung. “Singapore’s international platform, and depth and breadth of expertise make it a natural hub for that next chapter.”

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