Goldman Sachs steps up Asia hiring as wealthy clients eye US assets for diversification

Goldman Sachs is accelerating the hiring of wealth management advisers across Asia as the region’s wealthy families increasingly seek to diversify into US assets after years of strong market gains, while the AI boom is creating a new generation of millionaires with growing financial planning needs. The Wall Street bank is expanding its advisory teams in Hong Kong, Singapore and Australia, alongside specialists in areas such as trading and lending, according to Nishi Somaiya, its global co-head...