SINGAPORE - Morgan Stanley plans to add dozens of staff at its wealth business in Hong Kong and Singapore this year, signalling its confidence in the world's fastest-growing region when it comes to minting millionaires.
"Our continued expansion and growth will be actually a matter for us to accelerate in 2020," he said. The additional relationship managers"would perhaps translate into at least 50 or 60 more customer service, risk and product specialists". Asked whether Morgan Stanley is open to acquisitions, Mr Chui said the firm"will look at all opportunities"."We want to expand this business at our own pace."
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