CFM Indosuez Wealth Management has signed a referral agreement with HSBC Private Bank with a view to welcoming clients introduced to it from HSBC’s client base in the Principality of Monaco.
This agreement is in line with Indosuez Wealth Management Group’s strategy to strengthen its positions with UHNWI clients in its key markets; it also reinforces CFM Indosuez Wealth Management’s leadership as the largest bank in the Principality of Monaco.
The referral process will begin immediately. CFM Indosuez Wealth Management will work closely with HSBC to ensure the smoothest possible process for the clients.
CFM Indosuez Wealth Management
+377 93 10 22 32
Indosuez Wealth Management Group
+33 (0) 1 43 23 26 94
About CFM Indosuez Wealth Management in Monaco
The Indosuez Wealth Management network is represented in Monaco by CFM Indosuez Wealth, the principality’s leading bank. Its roots there date back to 1922, when it was created by some of Monaco's leading families, some of whom are still stakeholders by 30%.It now has seven agencies in the region, and its teams, comprising more than 360 highly specialised members, combine their knowledge of the principality with the vast expertise and opportunities provided by the global network of Indosuez Wealth Management and Crédit Agricole group. Aside from Wealth Management, its core business, CFM Indosuez Wealth is the only bank in Monaco that can offer financial solutions to private investors, businesses, institutions and professionals. CFM Indosuez Wealth is also Monaco’s leading commercial bank, serving two out of three businesses in the principality.
About Indosuez Wealth Management group
Indosuez Wealth Management is the global wealth management brand of Crédit Agricole group, ranked 11th in the world based on Tier 1 capital (source: The Banker, July 2016). Shaped by 140 years of experience helping families and entrepreneurs around the globe, Indosuez Wealth Management offers a tailored approach that enables clients to manage, protect and pass on their wealth according to their specific needs. Its teams take a comprehensive view and provide expert advice and exceptional service, offering a wide range of services for the management of both personal and business assets. Renowned for its international reach combined with a human scale, Indosuez Wealth Management has 2,700 employees in 14 countries around the world, in Europe (France, Belgium, Spain, Italy, Luxembourg, Monaco and Switzerland), Asia-Pacific (Hong Kong, Singapore and New Caledonia), the Middle East (Abu Dhabi, Dubai and Lebanon) and the Americas (Brazil, Uruguay and Miami). With €110 billion in assets under management (at 31/12/2015), Indosuez Wealth Management group is one of the global leaders in wealth management.