Financial Highlights from the Recent Week You Should Know About:
- IPOs: Hong Kong set to take take the IPO crown of Asia
More than 200 firms are in the pipeline to be listed in Hong Kong, helping the territory take back the crown of the top IPO hub in Asia. - M&A/BANKING: JPMorgan might be shopping for banks in Europe and LatAm
JPMorgan CEO, Jamie Dimon, commented that they may be shopping to acquire banks in Europe and Latin America.
While a spokesperson for the bank said Dimon was “just joking”. I guess if he didn’t use the right emoji, it might not be real right? - PRIVATE BANKING/WEALTH MANAGEMENT: UBS and HSBC clamoring to get a piece of Taiwanese wealth market
Global wealth giants such as UBS, HSBC and BNP Paribas are aggressively hiring for locations in the newly created wealth management zone in the city of Kaosiung.
The Taiwanese wealth market is predicted to be valued at over $8 trillion. Must be all those semiconductor chips.
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