HSBC : Headquartered in London, HSBC is a major global banking and financial services firm with $3.05 trillion in assets as of March 31, 2025. The company has been committed to bolstering its performance, focusing on building operations across Asia. It intends to position itself as a top bank for high-net-worth and ultra-high-net-worth clients in the region. In mainland China, HSBC has been growing its wealth business through lifestyle-focused centers, acquisitions like Citigroup's retail wealth arm, digital upgrades and talent hires. In India, the company is expanding rapidly, with approval to open 20 new branches, adding to its current 26. As the country's wealthy population surges, HSBC is boosting its presence through initiatives like launching Global Private Banking, acquiring L&T Investment Management and enhancing Premier Banking. These initiatives will likely help the company strengthen its position in the region.