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Hang Seng converts platforms to raise US$20 billion in HNW assets from retail customers

24 January 2014 | 2 minutes read

As integrated banks with retail arms struggle to navigate the challenges of shifting high net worth (HNW) assets and clients to the private bank, Hang Seng has taken a much softer approach, one that a source claims has raised US$20 billion in additional assets under management in less than a year. According to a source close to the matter, Hang…

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