Banking giant HSBC has launched onshore wealth management advisory services in Kuwait.
This is as part of HSBC’s commitment to provide investment and wealth management solutions to clients around the world.
Rayan Kazerooni has been appointed head of global private banking for HSBC Kuwait after working as senior executive officer at BLME in Dubai for five years.
He will work closely with the bank’s other global private banking centres in the UAE, Switzerland, the UK and Singapore.
Samer Alabed, chief executive of HSBC in Kuwait, said: “Providing clients with investment advice and tailored solutions that support their wealth ambitions, with seamless connections to our asset management, commercial banking, markets, and personal wealth divisions to provide an impeccable, tailor-made service adapted to the needs of wealthy families, entrepreneurs, and business owners, is an important development for HSBC in Kuwait.”
This comes after HSBC global private banking launched operations in the UAE, India and Mexico in the last 12 months.
