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BNP Paribas hopes China wealth management arm to break even by 2026

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BNP Paribas Asset Management aims for its wealth management venture in China to break even by the end of 2026, even as it warns that risk-averse investors and nearly identical wealth products are creating headwinds for foreign banks looking to tap the multitrillion-dollar market. Alexandre Werno, CEO of BNP Paribas…

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Click here to read the full story: Nikkei Asian Review

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