Text size

Chinese HNWIs abandoning third-party WM firms in favour of banks: BoCom’s Xu Meng

As China’s regulations over the past two years have noticeably tightened for independent wealth management (WM) firms, Chinese HNWIs have been moving their money back to traditional banks, Xu Meng, general manager, private banking centre wealth consulting at Bank of Communications told Asian Private Banker. “Quite a number of HNWIs used to allocate 30 to 40% of their wealth with…

To access this content, please click back to the home screen, then click “Menu” (bars in top left bars) and then “Login”.
To enquire for a free trial, please start here.
Need more help? Click here or email [email protected].