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HSBC to Offer More Upmarket Products.
Byline: Darana Chudasri
May 2--HSBC is developing new structured products, insurance and debt products to help raise investment options for its high net worth customers, according to Arunrat Bovornvirakit, senior vice-president for personal banking.
Structured products will be launched in the fourth quarter, derivatives products offering depositors higher returns and protection on their principal.
"In the worst case, customers will receive at least their principal investment," Ms Arunrat said.
HSBC launched its Premier service last August as a personal finance service for customers with a "total relationship" of over three million ...
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