HSBC said it has seen increasing interest from entrepreneur clients and heightened activity among founder-led businesses, reflecting the rising demand for integrated banking and wealth solutions. The new proposition aims to connect these entrepreneurs to HSBC’s range of expertise, from business needs to wealth structuring and succession planning.

According to HSBC’s Global Entrepreneurial Wealth Report 2025, Singapore is named as the top global destination for entrepreneurs relocating their wealth, underscoring the city’s appeal as a stable, well-connected hub for innovation, capital and legacy.

“Entrepreneurs are at the heart of Singapore’s economy and its rise as a hub for innovation and capital for the ASEAN regions. Currently, close to two thirds-thirds of our global private banking clients in Singapore are entrepreneurs,” said Tommy Leung (pictured), head of global private banking, South Asia, at HSBC.

The offering includes:
Private wealth entrepreneur incubation – designed for existing corporate clients who have yet to onboard with the private bank, offering early access to wealth planning, investment events, and a global network of industry experts.

Business growth and transition series – educational and advisory sessions guiding founders through pre-exit and succession planning.

Innovation exchange – first launched in Hong Kong and the UK, now introduced in Singapore to connect private bank clients with entrepreneurs and ventures across Asia’s economy.

While many of HSBC’s clients built their fortunes in manufacturing and real estate, the bank said a new generation of founders is emerging from technology, sustainability and innovation sectors.