HSBC UK Private Bank has launched a new Wealth Centre in central Leeds, extending its regional footprint beyond existing centres in Birmingham, Manchester, and London. The facility will support relationship teams in providing wealth management services to Private Banking and Premier clients across Yorkshire and the North East.
The move follows sustained growth in HSBC’s regional business, which now serves more than 350 clients with assets ranging from $5 million to $50 million. Over the past five years, the business has increased revenues by more than 300 per cent.
The Leeds centre opening coincides with the expansion of the regional team, adding three new senior hires. Gareth Morgans joins as an investment advisor and Marcus Himsworth as a relationship manager, both from UBS, while Stephen Wright transitions from corporate banking into business development.
The centre aims to enhance accessibility for high-net-worth clients, particularly business owners seeking bespoke financial solutions, investment advice, and estate planning. HSBC continues to target regional growth across the UK, leveraging its network of Wealth Centres to support private clients outside London.