Tag: derisk

In Asia, people ask, how do I derisk from America?

By Paritosh Bansal (Reuters) – A European private wealth manager in Hong Kong told me last week he recently got the catalyst he needed to land a Taiwanese billionaire’s account: geopolitics. The billionaire was down to two major wealth managers — UBS and JPMorgan Chase — after Credit Suisse’s demise last year. He wanted a […]

In Asia, people ask, how do I derisk from America?

By Paritosh Bansal (Reuters) – A European private wealth manager in Hong Kong told me last week he recently got the catalyst he needed to land a Taiwanese billionaire’s account: geopolitics. The billionaire was down to two major wealth managers — UBS and JPMorgan Chase — after Credit Suisse’s demise last year. He wanted a […]