HSBC Private Bank (Suisse) SA

Name:

HSBC Private Bank (Suisse) SA

Country:

Switzerland

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Comments

There are 5 Comment(s).

Posted by: Wineandshine

Jun. 14, 2011 1:55 PM

Contrary to what has been mentioned on this forum already, I don't think they are expensive compared to other Swiss private banks. Performance of their portfolios and in-house funds is poor though, as is their investment advise. Also, turnover of personel is high, and the quality of the reporting is sub-standard as well.

Posted by: excellent1

Jan. 11, 2011 7:38 AM

Update: I friend of mine asked for an offer and they quoted fees went down by 50%. Looks like the loss of offshore money brings in more competzition

Posted by: CROSSOVER

Jun. 29, 2010 2:15 PM

I don't understand why they are still around after they leaked all the customer data. Who can trust them after this?????

Posted by: Geneva4

Jun. 20, 2009 2:50 PM

I was surprised about the amount of inhouse products they offered in their proposal: A lot of HSBCfunds, which a grouped and then managed by HSBC subsidiaries/partners. So significant danger you pay three times. For the wealth managment, the managment fee of the funds and then the companies managing the funds.

Posted by: excellent1

Jun. 15, 2009 3:11 PM

Super expensive.