VP Bank and Hywin Wealth Management (China) announced their intention to jointly establish a Hong Kong based collaboration platform to meet the demand of wealthy Chinese for sophisticated wealth management services both on and offshore.
“The planned cooperation represents an excellent opportunity to expand our business activities in the Chinese market and to successfully continue VP Bank Group's Asia strategy with a highly professional and in China widely recognised partner”, says Christoph Mauchle, Head of Client Business and member of VP Bank’s Group Executive Management.
Dian Wang, CEO of Hywin Wealth Management, adds: “The proposed collaboration enables us to tap and house the extensive expertise of VP Bank as an established, globally active financial services provider whose clients count on decades of experience and a modern infrastructure. We will now be able to follow and service our clients more closely in their global aspirations and accelerate our mission to become a wealth manager of the highest global standards”.
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