The firm plans a three-year hiring spree as it injects cash into its wealth arm.

Robbie is a reporter for International Adviser, covering global news stories about the financial services industry. He joined Last Word Media in October 2018 after nearly two years working at a group of private banking publications, firstly as a reporter then as assistant editor. Robbie can be contacted via email at robbie.lawther@lastwordmedia.com and on Twitter @RLawther94
The firm plans a three-year hiring spree as it injects cash into its wealth arm.
The changes are meant to improve understanding of the risks of complex products.
The firm aims to provide ‘premier financial services’ to wealthy individuals.
The deal is a “key step” for the banking giant to grow its wealth business across Asia.
Services are available to those with a minimum of $1m in investable assets.
The Singapore-based firm is prepared to make further acquisitions.
The main challenge is to convince sceptical investment advisors, according to a fintech firm.
The asset class shares the investment characteristics of real estate, according to an expert.
The aim is to increase the number of private market products available to wealth managers across Apac, Emea and Latam.
The US private banks intends build its AUM $460bn within five years.
Part of the Mark Allen Group.