The number of millionaires in mainland China grew by 35% in 2020, while the number of millionaires in Hong Kong fell by 7%, according to a new report from the private bank.
Tag : uhnw
The attraction of the internet is luring high-net-worth Asians away from wealth managers as they look for investment opportunities in blogs and social media, raising questions over traditional sources of advice.
UBS promotes Amy Lo, Jean Claude Humair and Susan Co, and poaches Francis Liu and Philip Kunz, as it seeks to strengthen its wealth management offering.
