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Ex-HSBC relationship manager and AXA broker charged with HK$500k bribery and fraud
ICAC, 10-Jun-2015
One simple point comes out of this: the brokerage fee AXA pays on a US$2m (HK$15.6m) savings plan is HK$1.24m, or about 8%. We wonder why anyone would buy such inefficient savings vehicles.
Organisations
- AXA CHINA REGION INSURANCE COMPANY LIMITED 安盛金融有限公司
- HONGKONG AND SHANGHAI BANKING CORPORATION LIMITED (THE)
- HSBC HOLDINGS PLC
- SUNRISE WEALTH MANAGEMENT LIMITED 新盛理財有限公司
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