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Private banks in HK flag their biggest concerns

Bernadette Tio
Regulatory compliance tops the list of challenges for wealth managers in the city, with talent sourcing another major concern, according to a new survey.
Private banks in HK flag their biggest concerns

Private banks in Hong Kong have identified regulatory compliance as out-and-out the biggest challenge to their business operations, amid a rising tide of global rules emanating from foreign jurisdictions and international trade bodies and regulators. Talent sourcing has been highlighted as another major issue.

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