China Merchants Bank
Survey: Chinese UHNWIs warm to family offices
As generational change continues in China, ultra high net worth investors are much more concerned about wealth preservation and inheritance than before, according to a joint survey by Bain & Company and China Merchants Bank.
Survey: More Chinese wealth headed to private banks
China’s private wealth seems to be undergoing a shift from self-managed to professional wealth management, according to a survey from Bain & Company.
Wealth management puts China PBs among world’s largest
China Merchants Bank, ICBC and Bank of China are among the top 20 largest private banks globally, according to a report from Globaldata and Private Banker International.
Europe’s IM Square courting `powerful’ Chinese partner
IM Square, which supports boutique asset management firms in expanding their business, is in talks with a potential Chinese shareholder, said Philippe Couvrecelle, founder of the firm.
Wing Lung zeroes in on crossborder clients
Private wealth in China is soaring, and few banks are well-positioned to attract clients who want offshore wealth management, said Joseph Tam, executive VP and head of private banking and wealth management at Hong Kong-based Wing Lung Bank.