It wants to join forces with a local firm to tap into the country’s growing financial services sector.
Tag: Wealth Management
Amundi JV with BOC WM approved
The tie-up between the French asset manager and the Bank of China wealth management subsidiary is the first to get the go-ahead.
StanChart to merge wealth, retail businesses
The bank expects that the changes will help grow its affluent and retail businesses.
Hong Kong’s PB, WM assets up 19% in 2019
Assets sourced from family offices and trusts grew nearly 90% during the year.
HSBC plans China wealth management hires
A recruitment drive in HSBC’s Asian wealth management business contrasts with massive cuts in the bank’s global workforce.
Credit Suisse faces $300m lawsuit in Singapore
Bidzina Ivanishvili is the biggest victim of a wealth manager who defrauded clients for nearly a decade.
Chinese investors in need of professional advice
Retail investors in the mainland tend to buy at highs and sell at lows, according to a report co-published by the World Economic Forum and Oliver Wyman.
Would ‘Google Wealth Management’ be a threat to the industry?
HNWIs in Asia-Pacific are most likely to adopt wealth management offerings from big tech firms.
Lu International gains HK licences
The subsidiary of China online wealth management firm Lufax can now tap Hong Kong retail customers after receiving regulatory approval.
Stan Chart reshuffles wealth unit
The bank has plucked a new global head of wealth management from Bank of Singapore to replace Didier von Daeniken.
