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.
US stocks: US market ends lower as tech stocks weigh on sentiment
Wall Street ended lower on Friday, with AI chip stocks experiencing a significant downturn while Moderna and other healthcare companies surged. Investors are weighing the