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“Less established” private banks best look to the Mainland, as Hong Kong and Singapore opportunities dry up – veteran private banker

Despite the Asian region boasting an estimated US$6.25 trillion in ultra high net worth wealth, one veteran private banker at a large European integrated bank believes new opportunities for business are drying up in Asia’s established wealth management hubs – including Hong Kong, Singapore, and Taiwan – and industry players which have yet to truly establish a foothold in the…

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