These seven offices are responsible for the bank’s activities in Italy, Spain, the Netherlands, Belgium, Luxembourg, the Czech Republic and the Republic of Ireland. They will be transferred from HSBC Bank, the company’s London-based subsidiary, to its Paris-based counterpart HSBC France, the bank’s french subsidiary revealed in a statement. (more…)
Advisers surveyed say they are concerned about their ability to target this younger generation of clients and are aware of the perceived threat from robo-advisers and financial technology tools, the study found.
Almost half of advisers polled (45%) say potential younger clients are more likely to trust science or model-based advice rather than human advisers. (more…)