Concentration risks drive BNP Paribas WM’s advisory push in Taiwan

With artificial intelligence-driven enthusiasm creating potential concentration risks, BNP Paribas Wealth Management (BNP Paribas WM) is leveraging an advisory model to steer onshore clients to long-term portfolio diversification. The bank’s onshore Taiwan business has achieved double-digit revenue growth every year, according to Che-Kun Hsu, head of wealth management for Taiwan at BNP Paribas WM. “Looking ahead, we aim to maintain…

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