Unleashing the power of Escrows in times of uncertainty

“At HSBC, we put the client at the heart of everything we do. In 2020, we have adapted quicker than ever to meet the evolving needs of our clients. Within Issuer Services, whilst continuing to provide escrow solutions for traditional applications, for example M&A or Real Estate escrows, our team has continued to develop more innovative uses for the product.

This innovation has been driven by a variety of factors, many of which a direct consequence of the pandemic. Some clients have significantly altered their strategies, operating models and supply chains in order to adapt to changes in the macroeconomic environment.

Clients operating in sectors more resilient to external environment challenges have sought to consolidate and grow, often into new markets of operation. Some of our clients are directly involved in the development, manufacturing, transportation and acquisition of COVID-19 vaccines and personal protective equipment (PPE).

Each client has unique challenges to overcome during this period and the versatility of the escrow product enables us to solve for an ever-increasing number of these challenges.”

Simon Field
Global Head of Escrow, Issuer Services