Deal is a ‘further step ahead in our growth journey in this high potential market’.
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Deal is a ‘further step ahead in our growth journey in this high potential market’.
The firm is partnering with a Swiss tech company.
The partnership is the third Sino-foreign joint venture wealth management company approved to start business.
The project aims to reduce manual data extraction and processing.
The move is meant to meet the ‘underserved needs’ of high net worth clients.
The firm has China at its core of strategic growth.
The deal gives the bank access to around 2.4 million customers.
It will focus on hubs in Malaysia, Singapore and Australia alongside its head office in Hong Kong.
Regulatory changes have made it a ‘much more interesting market for people that want to deploy resources’.
Part of the Mark Allen Group.