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HSBC presents new opportunities in wealth management

With its 147-year history in PH, bank celebrates its faith in the country's future

HSBC Wealth vice chairman Peter Faulhaber, HSBC president and CEO Sandeep Uppal, HSBC regional head of Private Banking Asia Pacific Siew Meng Tan

HSBC Philippines has launched HSBC Wealth in a memorable dinner for clients. It is a new and enhanced wealth brokerage program of innovative opportunities in wealth management.

HSBC president and CEO Sandeep Uppal

Light and video montage at the opening highlighted HSBC’s unique international and local presence. HSBC Philippines president and CEO Sandeep Uppal said in his opening remarks: “The launch of HSBC Wealth is yet another milestone in our 147-year history in the Philippines. This demonstrates our confidence in the country, reaffirms our commitment in bridging our Philippine customers with the rest of the world, and supports HSBC’s ambition to be the leading international wealth manager in Asia.”

HSBC Wealth vice chairman Peter Faulhaber

HSBC Wealth is exclusive to HSBC Premier customers and will offer Unit Investment Trust Funds (UITFs) which cover a range of asset classes and risk profiles, giving them a broader choice of investment products to help them protect, diversify, and grow their wealth. “This evolution of our wealth management business builds on our continued commitment to investing in the Philippines with new capital, giving our clients a wider suite of products and better customer experience through our qualified wealth managers,” said HSBC Wealth vice chairman Peter Faulhaber.

Held at the Grand Ballroom at Shangri-La at the Fort, the event treated HSBC guests to a sumptuous feast prepared by chef Carlo Huerta of Shangri-la at the Fort, which took them on a culinary journey across HSBC’s international network.

Upon arrival, guests were served cocktails at the bespoke Gold Bar starting with sustainable yellow fin tuna on a sago cracker topped with labuyo mayonesa and cancha crisp, and Chicken Bicol express in crispy lumpia and buko krema, and pulled pork adobo puff on truffle perfume. Drinks were a refreshing dalandan spritz and calamansi iced tea.

Seafood medley as starter representing the Philippine sea

The three courses consisted of seafood medley of seared scallops, dill marinated tiger prawns, pomelo, sundried heirloom tomatoes, crispy fennel, warm passion fruit sauce, and gold dusted potato paper—fruits of the Philippine sea symbolizing HSBC’s 147 years of presence in the country. A dalandan sorbet capped the first course.

Entree of Josper-grilled beef tenderloin symbolic of HSBC’s presence in North America

The second course was a Josper-grilled beef tenderloin with spiced carrot purée, crispy potato stack, sautéed broccoli, gold flakes, port wine reduction, and saffron tuille which represent the presence of HSBC in North America.

Dessert of Belgian dark chocolate mousse representing HSBC’s presence in Europe

For dessert, pastry chef Myles Sanchez created a sumptuous Belgian dark chocolate mousse in a chocolate nest with raspberry jelly and seasonal berries, auguring the sweet future being ushered in through the services of HSBC Wealth. Specially made chocolate bonbons capped the dinner.

Guests dined to the music performed by a string quartet which played selections from Asia, North America and Europe.

Gab Pangilinan

Gian Magdangal

Theater stars Gab Pangilinan, Gian Magdangal, Reb Atadero, and Frenchie Dy performed songs from The Greatest Showman, accompanied by a dance performance.

The celebration was capped by a toast to new opportunities led by Uppal, Faulhaber, and HSBC regional head of private banking Asia Pacific Siew Meng Tan.

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