Cathay United Bank, Avaloq team up for onshore private banking in Taiwan
Cathay United Bank has collaborated with Avaloq to establish the first onshore private bank within Taiwan’s newly launched Asset Management Hub in Kaohsiung. This partnership utilises Avaloq’s core banking technology to improve operational efficiency and client service. The Financial Supervisory Commission (FSC) introduced the hub to foster growth in Taiwan’s wealth management sector. It will