Swiss Private Bank Executive: Hong Kong's Status as Wealth Management Hub Is Rising
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On 4 November 2026, the South China Morning Post business section reported that Giorgio Pradelli, chief executive of Swiss private bank EFG International, said at the Global Financial Leaders' Investment Summit hosted by the Hong Kong Monetary Authority that Hong Kong's status as a global cross-border wealth management hub is increasingly prominent, and said "the race is on". He noted that geopolitical tensions are prompting wealthy clients to diversify investments and where they hold assets. The report did not mention other time points or subsequent developments.
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- 南華早報·商業Swiss Private Bank Executive: Hong Kong's Status as Wealth Management Hub Is Rising as 'the Race Has Begun'
A senior Swiss private banker at the Global Financial Leaders' Investment Summit hosted by the Hong Kong Monetary Authority acknowledged Hong Kong's growing prominence as a global cross-border wealth management centre. EFG International chief executive Giorgio Pradelli said "the race has begun", noting that geopolitical tensions are prompting wealthy clients to diversify their investments and where they hold their assets.
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