HSBC Wealth and Personal Banking Division | Generated by AI

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Question: What does WPB mean in HSBC?

Answer:

WPB stands for Wealth and Personal Banking in HSBC. It is one of the bank’s major global business divisions, focusing on providing retail banking, wealth management, insurance, investment products, and personal financial services to individual customers, ranging from everyday banking to high-net-worth wealth solutions.

This division combines traditional retail banking with wealth management and private banking services. It serves millions of customers worldwide, emphasizing international connectivity for clients who live, work, or invest across borders.

As of the current date (December 24, 2025), HSBC has restructured its business segments effective January 1, 2025, renaming WPB to International Wealth and Premier Banking (IWPB) to better reflect its focus on premier and international clients outside core markets like Hong Kong and the UK. However, the acronym WPB is still widely referenced in historical and ongoing contexts.

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