Business
Entrepreneurs Strengthen Wealth Corridors as Globalization Enters New Phase
NEW YORK, September 29, 2025--Entrepreneurs are seizing global opportunities and leveraging international wealth corridors as globalization enters a new phase, according to research from HSBC Private Bank.
About this update from Hsbc Holdings Plc
[{"type":"text","content":"Technological advancements, business opportunities, consumer trends and artificial intelligence (AI) are the top reasons for business optimism in the U.S.","length":154,"tagName":"p","attribs":{}},{"type":"text","content":"NEW YORK, September 29, 2025--(BUSINESS WIRE)--Entrepreneurs are seizing global opportunities and leveraging international wealth corridors as globalization enters a new phase, according to research from HSBC Private Bank.","length":222,"tagName":"p"},{"type":"text","content":"The Global Entrepreneurial Wealth Report 2025 found a decisive shift in cross-border wealth flows among entrepreneurs globally: 59% are diversifying wealth internationally; 57% are considering a personal move abroad; and 49% are planning to expand their business into new markets.","length":280,"tagName":"p"},{"type":"text","content":"The report reveals how entrepreneurs have adapted to the changed economic environment by focusing on cross-border trade and movement of wealth within regions. Globally, Singapore ranks top as the preferred location to move personal wealth (15%), followed by the UK (11%), Switzerland (11%), and the U.S. (9%). In the U.S., there is a strong connectivity with Europe and neighboring countries, with top choices for moving wealth being the UK (11%), Canada (8%) and Switzerland (6%).","length":481,"tagName":"p"},{"type":"text","content":"Despite market volatility and geopolitical uncertainty, most business owners globally (94%) are positive about their business prospects and expect their personal wealth (90%) to grow in the future. Technology is a key driver for their optimism – 62% cite tech advancements or AI as the top factors driving positivity for their business, while investing in AI is the most popular strategy for expansion.","length":402,"tagName":"p"},{"type":"text","content":"The study also highlights the following global key findings:","length":60,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Volatility in financial markets is the top concern among entrepreneurs in relation to their personal wealth (40%) followed by inflation (36%).","length":142,"tagName":"p","attribs":{}}]},{"val":[{"type":"text","content":"Entrepreneurs are prioritizing spending their wealth on cars (58%), luxury goods (53%), property (53%), and health and wellness (50%).","length":134,"tagName":"p","attrib...