Julius Baer reportedly eyes China wealth joint venture
It wants to join forces with a local firm to tap into the country’s growing financial services sector
It wants to join forces with a local firm to tap into the country’s growing financial services sector
Ultra-high net wealth individuals in Asia Pacific make up 38% of the global billionaire population
It has also applied for a mutual fund advisory licence in the country
It wants to launch ‘more products and services’ that meet demands of people across the world
It hopes agency channel will be ‘powerful platform’ to ‘nurture top talents within the industry’
Firm has ‘future aspirations’ in Asia to serve Chinese individual investors in mainland China
As asset manager eyes expansion in the country
In a bid to improve training and education in the country
Investors will be able to access the service via its social media app
Despite the bank looking to ‘accelerate’ its plans to cut 35,000 jobs globally
Montreal-headquartered company already directly holds a 13.9% stake in China Asset Management
Rules and accepted practices for financial services ‘remain unchanged’, says regulator CEO