In Seoul, KB Kookmin Bank is taking the idea of building its wealth management business to new heights — literally. South Korea’s biggest retail institution is erecting a new seven-storey private-banking centre in the glitzy Gangnam area. Its futuristic design is an apt metaphor for the trajectory not just of KB, but a broader financial sector finally getting serious about […]

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Across mainland China, Hong Kong, and Singapore, UHNW entrepreneurs are allocating as much as 40% of their investment portfolios to own businesses — a significant surge, even for a region accustomed to high UHNW allocations to own ventures. The 2021 Global Entrepreneur and Family Report, prepared by BNP Paribas Wealth Management, highlights this reinforcing trend in Asia. From 2019 to […]

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BNP Paribas Wealth Management has picked up a growing demand for housing as one of its investment themes for 2021, especially in Europe and the US. “The developed world is on the cusp of surging demand for housing, driven by a combination of demographic trends such as an oversized millennial cohort in the US that is now entering prime house-buying […]

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