The Hong Kong/London-listed lender's private bank adds to its Southeast Asia team.

HSBC's private bank, which earlier this week reported a rise in third-quarter profit, has added new personnel to its investment services and product solutions (ISPS) team in Singapore.

The team includes people serving high net worth clients with more than $5 million of investable assets.

The appointees are Tay Li Choo, head of fixed income for ISPS, Southeast Asia; Justin Bramley, head of investment counsellors, ISPS, at Southeast Asia, and Roy Teo, head of foreign exchange and commodities, ISPS, Southeast Asia.

The trio report to Kenneth Teo, who heads up the ISPS team in the Southeast Asia region.

HSBC is boosting the amount of high net worth wealth that it oversees and will be adding more than 400 private and retail banking client-facing staff over the next five years.

"This is part of HSBC Singapore’s plans to grow its presence as a scale market to compete domestically as a leading private bank in Singapore," it said.

Among recent hires, see here.