Buy custom wealth management in China
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| Topic: |
Business
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| Number of pages / Number of words: |
11 / 3025 |
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This business is provided by most commercial banks.
China Construction Bank(CCB), one of the largest four commercial banks in China, set up its first wealth management center in Shenzhen in October 2007 . It provides client memebers with minimum personal assets of RMB 3 million (around $435,000) with tailor-made financial services include traditional banking services, advisory services, trading of bonds and stocks on behalf of clients, etc...
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(Tang, 2007)
Lian Ping(2007), Chief Economist of Bank of Communications, indicates that wealth management is different from personal financial service . Wealth management service is provided by financial institutions to HNWIs according to the demand of clients, to balance the relationship between the income and payment of the client accounts in order to add value to clients...
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