The Asian Banker

Taiwanese banks driven to rethink banking strategies and focus on domestic strengths
Bank SinoPac restructures WMP approach and aims to leverage on renminbi business to drive growth in an over-saturated market.

Jan 23, 2013 | Baron Laudermilk

Having successfully weathered the 2008 global economic crisis, Bank SinoPac has been restructuring its wealth management products (WMPs) and tweaking its banking strategies to remain competitive as the domestic economy begins to recover. The bank boasts 129 domestic branches (4,982 employees), with 90 of them located within Taipei. Although the bank's wealth management division has employed a more conservative approach in recent times, it is currently locked in negotiations with the China Banking Regulatory Commission (CBRC) to gain a foothold in the competitive yet lucrative Chinese wealth…

Please login to read the complete article. If you already have an account, you can login now or subscribe/register.

Categories: Cards, Core Banking, Data & Analytics, Data Management, Retail Banking, Rmb, Taiwan, Technology & Operations, Wealth Management
Keywords: Bank SinoPac, Jocelyn Kuo, Henry Han, SAS, Temenos, WMP, CBRC
Add a new comment:

Allowed tags: <b><i><br>

Comments (0)

Show Less
About us | Jobs and Internships with us | Contact us | Advertise with Us | | Privacy Policy | Copyrights Requests | Legal Notice | Feedback
RSS FeedRSS Feed | Follow us on Linkedin Twitter Facebook
Copyright 2014, The Asian Banker. All Rights Reserved .