DBS Bank: Wealthy Clients in Europe and the US Prefer Asian Markets
According to Golden Ten Data on April 15, Joseph Poon, an executive at DBS Group, stated that wealthy clients from Europe and the United States are seeking investment and wealth management solutions in Asia to protect their assets from ongoing market volatility. He pointed out that, given the current turbulent international political situation, continuously rising energy costs, and increasingly rapid capital flows, people are generally showing a more cautious attitude.
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