HSBC Global Private Banking Case Challenge 2024 (1st Runner-up)

We are thrilled to announce that our students have won 1^st Runner-up in the HSBC Global Private Banking Case Challenge 2024.

The competition provided a platform for students to utilise their financial and economic knowledge by creating a comprehensive proposal for clients, taking on the role of a Relationship Manager in a Global Private Bank.

Out of 400 competing team from Hong Kong and Singapore, our student team excelled and won 1^st Runner-up in the competition. Congratulations!

More about the competition: https://ug.hkubs.hku.hk/competition/hsbc-global-private-banking-case-challenge-2024

Award:

1st Runner-up

Team members:

Miss Chiu Aubree, BEcon&Fin, Year 4

Miss Tan Xinyi, BBA(IBGM), Year 2

Miss Xu Aijing, BBA(Acc&Fin), Year 4

(The team comprises 1 other team member from other university.)

Student Sharing:

It is an incredible journey for all of us and I am happy that we could gain such an achievement in the end. Throughout the competition, we had dived into portfolio construction, trust funds, insurance and macroeconomic analysis. From market beta, expected return to BVI BTC, trust distribution, and life insurance, we had the opportunity to apply what we learned at school and explored real-life private banking products. As it is a 72-hour case, we also improved our time management and strategic planning skills which played a vital role to the results. Lastly, I would like to thank my teammates for contributing and collaborating with each other. I believe this is an unforgettable experience for all of us.

(by Miss Chiu Aubree)

The case competition provided me with an excellent opportunity to deepen my understanding of the private banking industry. I gained valuable insights into the comprehensive process of understanding clients’ needs, addressing their preferences, constructing tailored portfolios, and devising bespoke wealth solutions aligned with their profiles. Additionally, I developed expertise in addressing unique client requirements, including succession planning, tax optimization, philanthropic goals, insurance strategies, and trust structures. A key takeaway from this experience was recognizing the critical role of private bankers in delivering tailored, client-centric solutions. It was also enlightening to observe how other finalists presented their bespoke wealth strategies, offering fresh perspectives and innovative ideas. Beyond the professional learning, I am especially grateful for the opportunity to collaborate with my amazing teammates. Despite time zone differences and geographical challenges, we successfully navigated the hybrid work model, working seamlessly from preparation to the final presentation.

(by Miss Tan Xinyi, Veronica)

Participating in the HSBC Global Private Banking Case Challenge was a highly rewarding and memorable journey. I had the opportunity to work with a talented team, immersing ourselves in private banking. The challenge allowed us to delve deeply into market research, credit analysis, asset allocation, and succession planning strategies. This experience not only enhanced my understanding of the financial sector but also honed my technical and soft skills. Key learnings from the challenge included interpreting economic trends, making informed investment decisions, and understanding the importance of tailored client solutions. Beyond acquiring these technical skills, the Challenge was also a platform for personal growth, helping me to refine my analytical and presentation skills.

(by Miss Xu Aijing, Penny)