News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
 Content Sharing
DBS: HK Private Banking Rev. Hikes 30% in 5M25; 40 More Bankers to Be Hired During Yr
DBS Bank planned to hire 40 private bankers in Hong Kong and Singapore within the year, according to foreign media. Carol Wu, Head of Private Banking for North Asia at the Group, s...
Reset
Send
The window will close in 5 seconds
DBS: HK Private Banking Rev. Hikes 30% in 5M25; 40 More Bankers to Be Hired During Yr
Close
Recommend
2
Positive
2
Negative
3
 
SHORT SELL
 
STOCK INFO

DBS Bank planned to hire 40 private bankers in Hong Kong and Singapore within the year, according to foreign media. Carol Wu, Head of Private Banking for North Asia at the Group, said that about half of the target personnel have already been hired.

She noted that many investors from mainland China and Taiwan are currently seeking offshore wealth management opportunities to diversify their assets.

In 5M25, the revenue of DBS Bank's Hong Kong private banking business has increased by nearly 30%, while assets under management grew by about 20% YoY, Wu added. Driven by capital inflows from mainland China and Taiwan, net new funds during the period surged by 1.3x YoY.

AASTOCKS Financial News
Website: www.aastocks.com
Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.