HSBC has opened its first wealth centre for high-net-worth clients in the UAE. Situated in the flagship Jumeirah branch in Dubai, the wealth centre has been opened to provide premier clients with a private environment to conduct meetings and access bespoke solutions. The launch of the centre is part of the bank’s strategy to grow its international wealth and premier banking (IWPB) segment and is borne out of its enhanced focus on Asia and the Middle East. Mohamed Al Marzooqi, chief executive, UAE, HSBC Bank Middle East, noted the UAE attracts more net inflows of millionaires than any other country in the world. “We are investing in infrastructure, people and products, and our new wealth centre represents the first in a series of enhancements we are making to establish the UAE as a key wealth hub in our network.”HSBC said it is planning to expand the wealth centre network to further facilitate seamless cross-border investing and wealth planning for customers.