Move over private banks? Brokers, wealthtechs capture EAM business

Dedicated EAM services have proven a tough nut to crack for private banks in Asia, with several banks scaling back in this area in recent years, including the likes of HSBC Global Private Banking and J.P. Morgan. But into this void have stepped a number of different regional players, from wealthtech platforms to securities firms, which believe their faster account…

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