Mizuho is seeking to strengthen its wealth management business and take on industry leader Nomura as well-to-do Japanese invest more of their savings https://t.co/CzgzocoCWT ...

Core Insights - The securities industry is experiencing a surge in talent demand due to the digital transformation and wealth management evolution, prompting major firms to initiate campus recruitment for the 2026 class [1][2] Group 1: Recruitment Trends - Over 20 domestic securities firms, including CITIC Securities and China International Capital Corporation, have announced campus recruitment for 2026, alongside international firms like Goldman Sachs and Morgan Stanley [1] - Leading firms are focusing on wealth management and financial technology, with a significant emphasis on expanding their tech talent pool [1][2] Group 2: Selection Criteria - Compared to previous years, top firms are increasing recruitment numbers, with CICC and Huatai Securities looking to fill over 100 positions each, and China Galaxy Securities nearly 90 [2] - Financial technology roles are prioritized, with CITIC Securities highlighting AI, QUANT, and FinTech as key areas, alongside traditional roles in sales and investment banking [2] Group 3: Skills and Experience Requirements - The requirements for financial technology positions have been raised, with roles demanding familiarity with AI technologies and data modeling for quantitative investment [2][3] - Firms like China Galaxy Securities require candidates to be proficient in mainstream deep learning frameworks and algorithms, indicating a shift towards more technical skill sets [3] Group 4: Salary and Competition - Starting salaries for quantitative roles at leading firms begin at 500,000 yuan, with potential for over 1 million yuan for those who can quickly contribute [4] - Smaller regional firms face challenges in attracting talent, often offering salaries comparable to state-owned banks but lacking the appeal of larger tech firms [4] Group 5: Educational Gaps - A report indicates that 66.4% of financial institutions urgently need AI talent, while 84.2% cite a lack of relevant work experience as a major hiring challenge [5] - Educational institutions are encouraged to adapt curricula to produce graduates who are proficient in both finance and programming, addressing the industry's need for hybrid talent [5]

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Singapore will launch a program next year to train lawyers in family office advisory, as the legal profession races to keep pace with the wealth management industry https://t.co/INxVFhcQvJ ...

Cornelius Vanderbilt died the richest man in the world. And if all his heirs had done is stuck it in the S&P and lived on the dividends, there would be 15 20 of them each worth a billion today. And there's none.Because he says people screw up bet sizing. They screw up portfolio management. And it's not about stock selection as much as it's about the institutional decisions.How much of your wealth should you have in one stock. What should you do with a 1x fund that's liquid where you might see potential to a ...

Financial Data and Key Metrics Changes - The Adjusted Operating Profit (AOP) for FY25 increased by 7% year on year to $4.5 billion, and excluding the Free Duty and YQ businesses, AOP rose by 9% to $4.5 billion [10][18] - Adjusted EBITDA increased by 1% to $7.3 billion, while profit attributable to shareholders rose by 4% year on year to $2.2 billion [18] - The total dividend for the year amounted to $0.95 per share, maintaining an attractive dividend yield of 8.3% based on the latest closing price [18][19] Business Segment Data and Key Metrics Changes - The financial services segment, rebranded from insurance, saw AOP increase by 29% to $1.24 billion [11][32] - The logistics business AOP rose by 3% to $740 million, while the construction segment reported AOP of $790 million, a slight decrease of 7% when excluding YQ [11][12] - The facilities management segment recorded AOP of $89 million, with a 16% increase when excluding Free Duty [11] Market Data and Key Metrics Changes - The occupancy rate for ATL in Hong Kong decreased to 80%, but the average rental increased by 8% [37] - The occupancy rate for the seven logistics properties was maintained at 87%, while the occupancy rate for the Shuzhou property decreased to 40% due to tenant issues [37][39] - The construction segment's backlog increased by 24% to $38 billion, with newly awarded contracts rising by 9% to $23.9 billion [40] Company Strategy and Development Direction - The company aims to enhance its financial services segment by leveraging the Chow Tai Fook brand and expanding its wealth management platform [9][13] - The logistics segment will focus on acquiring undervalued assets in the Greater Bay Area and Yangtze River Delta [8][39] - The construction segment will prioritize government-related projects, which now account for 61% of the total projects in progress [15][40] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in maintaining stable results despite macroeconomic headwinds, with a focus on optimizing the business portfolio [9][23] - The company plans to continue its progressive dividend policy and aims to enhance shareholder value through strategic acquisitions and optimizations [10][24] - Management highlighted the importance of domestic consumption recovery for the logistics segment's performance in the coming year [65] Other Important Information - The company has maintained a strong cash position with $20.2 billion in cash on hand and a net gearing ratio of 37% [19][22] - The company has issued convertible bonds and exchangeable bonds to enhance liquidity and public float [25][28] - The ESG initiatives have progressed, with 39% of bonds and loan facilities coming from green financing and a 19% reduction in Scope 1 and 2 emissions [48][50] Q&A Session Summary Question: Updates on the roads segment and potential disposals - Management indicated that while there have been inquiries about toll road assets, there are no immediate plans for disposals unless the price is right [58] Question: Impact of not investing further in toll roads on the dividend policy - Management reassured that continued growth in other business segments would compensate for any potential loss in cash flow from toll roads, maintaining the dividend policy [70][71] Question: Insights on the construction business and Sunshine Esther acquisition - Management explained that the acquisition enhances competitive bidding capabilities and allows for more accurate cost calculations in tenders [66][68]

CTF Services Limited (659.HK) FY2025 Annual Results Presentation Section 1 CTFS at a Glance Section 2 Financial Update Section 3 Business Operation Update Section 4 Environment, Social & Governance (ESG) 3 FY25 Highlights Continued efforts to refine and strengthen the Group's business portfolio to enhance long-term value creation Renamed the Insurance Segment to the Financial Services Segment and executed strategic acquisitions to drive one of the Group's focuses on the fast-growing wealth management busine ...

Industry Trend - Deutsche Bank is increasing efforts to provide wealthy European clients access to private markets [1] - This move fuels a global competition to leverage a substantial pool of affluent individual investors in Europe [1]

If you earn $100,000 a year and want to maintain that income into retirement, plus account for inflation, how much would you actually need to save? That’s the question Eric, a GOBankingRates reader, recently submitted as part of our Top 100 Money Experts series. To help answer it, we turned to Jamie Hopkins, CEO of Bryn Mawr Trust Advisors, chief wealth officer for WSFS Bank and a Wall Street Journal best-selling author. Learn More: I Help People Retire Every Day — Here’s the Most Common Retirement Mistake ...