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China’s Huatai Securities acquires American wealth tech solutions provider

Huatai Securities, a Chinese securities group with brokerage and investment services, has announced its acquisition of AssetMark, a wealth management technology provider previously owned by Aquiline Capital Partners and Genstar Capital. The transaction is expected to have closed by the end of the year. Huatai is paying about US$780 million in cash for AssetMark, according…

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The post China’s Huatai Securities acquires American wealth tech solutions provider appeared first on Asian Private Banker.


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