Assets, Revenues Rise At Morgan Stanley's Wealth Arm
Tom Burroughes, 19 July 2019
The US-listed financial group reported results for Q2, including its wealth management arm.
The US-listed financial group reported results for Q2, including its wealth management arm.
The Swiss firm has been making a number of senior hires in Asia and other regions.
Two heavy-hitters in the financial industry data and onboarding spaces have formed a strategic partnership.
The firm, whose parent is listed in the US, has made a number of senior hires in Asia.
The firms are part of a trend of European private banks hooking up with Asian counterparts to penetrate the market.
Global markets fell by broadly 15 per cent and HNW individuals did not escape the pain, with the Asia-Pacific region - one of the hottest ones in recent times - sustaining the largest amount of the drop.
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