The firms are reportedly in talks as HSBC aims for domination in the region.
US interest rates continue to impact foreign equity markets.
The firm plans to convert the roughly 400,000 square feet of space into offices.
Only the wealthiest 20% have greater cash savings than pre-Covid.
But the $29 trillion industry will pull back from PE and real estate.
The asset manager is appealing its conviction for helping wealthy clients with cross-border cash moves.
Digital nomad visas are expanding as countries vie for talent.
Guy Metcalf has been with the Wall Street firm for 33 years.
"The market for the rarest and most exclusive bottles remains strong," says Sotheby's executive.
The firm also reached a confidential agreement with former executive Jes Staley.