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EFG’s Albert Chiu eyes Aussie-based Chinese HNWIs with latest acquisition

EFG International’s head of Asia Pacific, Albert Chiu, has told Asian Private Banker the Swiss bank will use its majority stake in Australian wealth manager Shaw and Partners to make inroads into the country’s large but underpenetrated pool of Chinese HNWIs. “Everybody would agree that China is a global engine of growth, but there is more than one way to…

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