Bank of China targets high net worth with FinIQ

Hong Kong night

The Hong Kong subsidiary of Bank of China is targeting private banking clients with net assets of $1 million and above. The move is part of the parent company’s overall strategy to boost its wealth management services globally, having focused on its private bank presence in Beijing and Shanghai since 2007. Outlets in other major cities in the country will follow.  

John Atkinson, managing director at FinIQ in Zurich, said the bank has purchased a global licence, however, the initial

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