FidelityƆs Taiwan head joins Fubon Bank

James Wu will retain an advisory role at Fidelity.

James Wu, general manager at Fidelity Investments in Taiwan, is leaving the firm to become executive vice president at Fubon Bank, where he will run its retail banking business. He starts at Fubon just after Chinese New Year.

Fidelity's business has expanded under Wu's four years at the helm, and the firm now claims 30% of offshore mutual fund assets. Although the company had an advisory licence since 1986, it was only under Wu that it secured an investment trust license as well as last year's brokerage licence. The two licences represent around $20 million in invested capital.

Wu said the decision to leave a beautiful company was difficult but he...

FinanceAsia has updated its subscription model.

Registered readers now have the opportunity to read 5 articles from our award-winning website for free.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences.

To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222

Article limit is reached.

Hello! You have used up all of your free articles on FinanceAsia.

To obtain unlimited access to our award-winning exclusive news and analysis, we offer subscription packages, including single user, team (2-10 users), or office-wide licences. To help you and your colleagues access our proprietary content, please contact us at subscriptions@financeasia.com, or +(852) 2122 5222