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Wealthy European clients eye Hong Kong for family offices, says BNP Paribas

Asia-Pacific 1 source 1 country 🔦 Under-reported 15m ago

BNP Paribas, France’s largest lender and the second-largest in Europe, has found that an increasing number of wealthy European clients are seeking to establish family offices in Hong Kong to capitalise on growing opportunities in the region, according to a banker from the lender. A growing number of wealthy mainland clients were also looking to invest in Europe, said Lemuel Lee, head of wealth management for BNP Paribas in Hong Kong. “The two-way capital flow between Europe and mainland China is...

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Read the full story at the source South China Morning Post · HK