The landscape of the banking wealth management market is changing

Jinshi data news on February 19th, reporters recently learned from the industry that by 2024, the stock bank's wealth management company will firmly occupy the top spot in the market size, and the performance of state-owned large banks' wealth management institutions is impressive, with ABC's wealth management scale returning to the top three of the scale list. After experiencing the transformation to net worth, facing challenges such as breaking the net and redemption tide, the competition pattern of the bank's wealth management market has changed. Insiders believe that for bank wealth management institutions, they need to break away from their reliance on cash products next, create differentiated advantages in non-fixed income wealth management business, in order to cope with fierce market competition and achieve sustainable rise in scale.