Saudi Press

Saudi Arabia and the world
Monday, Jun 30, 2025

HSBC is busy hiring credit specialists in Hong Kong

HSBC is busy hiring credit specialists in Hong Kong

HSBC is ramping up the structured lending business within its private bank as part of its stated ambition to become the leading wealth manager in Asia in the next four years.
The bank has appointed Mathieu Rabiller to the newly-appointed role as head of origination, North Asia for HSBC Private Banking in Hong Kong.

Rabiller appears to have won a big promotion. He has joined HSBC as a managing director from previous employer Citi, where he was a director in a team responsible for capital call financing and private equity client solutions.

At HSBC, Rabiller will be responsible for the credit specialist team, as well as private equity and real estate asset classes across Asia Pacific. He reports to Jyrki Rauhio, head of credit advisory for Asia Pacific at HSBC private banking. Rauhio used to work for Citi too, where he was head of private banking for South-East Asia until he joined HSBC last November.

Rabiller is the fourth credit specialist to join HSBC in the last month and there are more to come as part of a plan by the bank to build a leading position in Lombard lending – a form of asset-backed lending popular among private banking clients. The bank is also looking to hire a head of origination and credit advisory for South-East Asia.

The hires are part of HSBC’s ‘pivot to Asia’ which involves growing its revenues across global banking and markets and international wealth management. In particular, the bank plans to add 5,000 wealth managers over the next five years as part of a $6bn investment in Asian wealth management. Rabiller wrote on his LinkedIn page that “the goal is simple: becoming the leading wealth management provider in Asia by 2025.”

HSBC will hope its existing strength in Asia will enable it to fight off competition from other international banks looking to tap into rising affluence in China, and they are increasingly hiring investment bankers with specialist skills to work within their private banking teams.

On May 25, Goldman Sachs announced plans to form a wealth management joint venture with state-owned Industrial and Commercial bank of China as reforms allow foreign banks to expand in mainland China. Goldman is set to hire 400 bankers across all of its divisions.
Newsletter

Related Articles

Saudi Press
0:00
0:00
Close
China Unveils Miniature Insect-Like Surveillance Drone
Marc Marquez Claims Victory at Dutch Grand Prix Amidst Family Misfortune
Iran Executes Alleged Israeli Spies and Arrests Hundreds Amid Post-War Crackdown
Trump Asserts Readiness for Further Strikes on Iran Amid Nuclear Tensions
Iran's Parliament Votes to Suspend Cooperation with Nuclear Watchdog
Trump Announces Upcoming US-Iran Meeting Amid Controversial Airstrikes
Trump Moves to Reshape Middle East Following Israel-Iran Conflict
NATO Leaders Endorse Plan for Increased Defence Spending
U.S. Crude Oil Prices Drop Below $65 Amid Market Volatility
Explosions Rock Doha as Iranian Missiles Target Qatar
“You Have 12 Hours to Flee”: Israeli Threat Campaign Targets Surviving Iranian Officials
Oman Set to Introduce Personal Income Tax, First in Gulf
Germany and Italy Under Pressure to Repatriate $245bn of Gold from US Vaults
Iran Intensifies Crackdown on Alleged Mossad Operatives After Sabotage Claims
Trump Praises Iran’s ‘Very Weak’ Response After U.S. Strikes and Presses Israel to Pursue Peace
WATCH: Israeli forces show the aftermath of a massive airstrike at Iran's Isfahan nuclear site
We have new information and breaking details to share about what is shaping up to be a historic air campaign tonight
Six Massive Bombs Dropped on Fordow; Trump: 'A Historic Moment for the U.S., Israel, and the World'
Fordow: Deeply Buried Iranian Enrichment Site in U.S.–Israel Crosshairs
United States Conducts Precision Strikes on Iran’s Nuclear Sites
US strikes Iran nuclear sites, Trump says
Pakistan to nominate Trump for Nobel Peace Prize.
Israel Confirms Assassination of Quds Force Commander in Tehran
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
G7 Leaders Fail to Reach Consensus on Key Global Issues
Mass exodus in Tehran as millions try to flee following Trump’s evacuation order
Iranian Military Officers Reportedly Seek Contact with Reza Pahlavi, Signal Intent to Defect
Vietnam Emerges as Luxury Yacht Destination for Ultra‑Rich
China's Iranian Oil Imports Face Disruption Amid Escalating Middle East Tensions
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Israeli Airstrike Targets Iranian State TV in Central Tehran
President Trump is leaving the G7 summit early and has ordered the National Security Council to the Situation Room
Netanyahu Signals Potential Regime Change in Iran
Analysts Warn Iran May Resort to Unconventional Warfare
Iranian Regime Faces Existential Threat Amid Conflict
Energy Infrastructure Becomes War Zone in Middle East
Iran Conducts Ballistic Missile Launches Amid Heightened Tensions with Israel
Iran Signals Openness to Nuclear Negotiations Amid Ongoing Regional Tensions
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Trump's Anti-War Stance Tested Amid Israel-Iran Conflict
UK Deploys Jets to Middle East Amid Rising Tensions
Exiled Iranian Prince Reza Pahlavi Urges Overthrow of Khamenei Regime
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
Black Box Recovered from Air India Crash Site
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
×