Taipei: Taishin Financial Holding and Shin Kong Financial Holding successfully completed their merger on November 24, leading to the integration of their asset management subsidiaries, Taishin Securities Investment Trust Co. and Shin Kong Investment Trust Co. The transaction resulted in the creation of a single entity, Taishin Securities Investment Trust Co., which now manages NT$530 billion in assets. This development places the company in the ninth position among Taiwan's asset managers and sets its sights on reaching NT$1 trillion in assets under management (AUM).

According to BERNAMA News Agency, the newly formed board has appointed Lai Chao-yin as the chairwoman. With almost three decades of experience at the company, Lai intends to focus on the integration of resources, talent acquisition, and the development of innovative products aligned with market demands. She also plans to strengthen discretionary investment services, with the merger expected to fast-track the company's journey toward becoming a trillion-dollar asset manager.