As the global head of wealth and retail banking, Hsu oversees assets of $367 billion which grew 35% year-on-year in 2024, according to a presentation of the bank’s annual results. Her business reported a pre-tax profit of $2.4 billion. The bank has set a target to attract $200 billion of net new money over the next five years and achieve a double-digit compounded annual growth rate for wealth solutions-related income.
Battered Wall Street short brigade is refusing to admit defeat
After a period of panic fueled by trade war fears, Wall Street has rebounded, driven by optimism surrounding potential tariff progress. Risky assets have rallied,