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Hong Kong private banker sceptical of Taiwan Premier’s wealth management ambitions

“Technically, there’s nothing called private banking in Taiwan,” says a Hong Kong-based private banker who has extensive knowledge of the Greater China markets – his assertion coinciding with Taiwan Premier Sean Chen’s push for greater collaboration between the nation’s central bank and financial regulator, the Financial Supervisory Commission (FSC), to build a Taiwan-centric wealth management platform specifically for domestic clients….

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