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Cathay United targets $1bn within 18 months

Elva Muk
Chief executive John Huang is focusing on wealthy entrepreneurs as the Taiwanese firm bulks out its private bank division.
Cathay United targets $1bn within 18 months

Cathay United Bank, which launched a private bank division in late March, aims to raise some $1 billion in assets by the second half of 2014, John Huang, chief executive of Cathay’s private bank division, tells AsianInvestor.

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