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Hong Kong’s private banks witness 20% increase in mainland Chinese employees over the past decade

Private banks, financial advisory and wealth management firms in Hong Kong trail only behind the investment banking industry in the increase of mainland Chinese employees. The nation’s stellar growth, alongside cultural and network synergies have led to the trend, according to a recent report by the Financial Services Department Council (FSDC). According to the FSDC report, 67% of private banks,…

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