Barclays Wealth hires head of North Asia to replace Chu

Barclays Wealth has hired Pakorn Boonyakurkul from HSBC Private Bank to replace Joanna Chu as head of North Asia as it seeks to accelerate its Greater China growth. The private banking arm of the UK’s Barclays Bank achieved booking-centre status in Hong Kong late last year, which it wants to use as a springboard for growth in Greater China above all. It applied to set up an RMB service offering for the Hong Kong booking centre, initially for deposits and RMB bonds. It is underst…