HSBC has been named the "Best Wealth Management Firm" at the recent 2013 Banker Middle East Industry Awards in Dubai.

As the largest and most widely represented international bank in the region, with an unbroken presence of over sixty-five years, HSBC has developed a best-in-class suite of wealth management solutions for its affluent customers.

Organised by publisher CPI Financial, the annual awards ceremony recognises the leading financial organisations in the region. Over 10,000 members of the industry and the public selected the winners, making the event one of the most respected awards ceremonies in the regional banking industry.

Francesca McDonagh, HSBC's regional head of Retail Banking and Wealth Management for Mena, said: "We are delighted to have been recognised for our wealth management capabilities at this prestigious event. Our strategy is driven by our focus on understanding customers and tailoring our service and product offering to meet their needs.

"HSBC is uniquely positioned in the region to help people plan for the different phases of their lives by offering advice and products aimed at addressing their most important financial priorities. In uncertain economic times, financial planning is more important than ever and we're pleased that the quality of our offering is being recognised by both customers and the industry."

HSBC has developed its wealth management capabilities to focus on ensuring customers can conveniently, efficiently and securely carry out their business and personal banking needs. This is highlighted by the bank's accredited wealth advisors who help clients prepare comprehensive financial plans so that customers can easily manage and grow their wealth.

The bank recently enhanced its investment services by introducing the innovative 'Wealth Dashboard,' which enables customers secure access and monitor multiple investments in one.

The platform is part of the bank's growing wealth management offering that includes its Financial Planning Tool, which enables wealth managers to quantitatively measure a client's liquidity and risk appetite, before providing needs-based investment options for their portfolios. – TradeArabia News Service