HSBC Private Bank has introduced HSBC Access in Singapore, a new service aimed at ultra-high net worth (UHNW) and family office clients. This initiative provides access to institutional-grade solutions, exclusive investment opportunities, and specialist insights. Following its initial launch in Hong Kong, Singapore is the second market to benefit from this offering.
Eligible clients can explore investment opportunities in high-growth innovation companies through various structures, including venture capital funds and direct investments. This marks the first time such opportunities have been available to HSBC Private Bank clients in Singapore since the local launch of HSBC Innovation Banking in October 2025, which included a US$1.5b funding pool for high-growth companies.
HSBC Access is part of a broader effort to enhance collaboration across HSBC’s businesses. In the first half of 2026, new Private Bank relationships from Corporate and Institutional Banking referrals increased by over 50% year-on-year across Asia. The service also facilitates introductions to technology start-up founders, supporting Singapore’s innovation ecosystem.
Tommy Leung, Head of Private Bank, South Asia, HSBC, highlighted the shift in investment preferences among clients, stating, “Founders and their families want to be close to the companies shaping the innovation economy.” Gilbert Ng, Head of Banking, Corporate and Institutional Banking, HSBC Singapore, added that HSBC Access connects high-growth businesses with private bank clients, reinforcing Singapore’s status as a leading innovation and wealth hub.
HSBC continues to invest in Singapore, a priority market and a significant contributor to the bank’s profits. Recent initiatives include plans to hire over 100 AI specialists and establish a Global AI Centre of Excellence in Singapore.
