Benjamin Pedley rejoins HSBC Private Bank as head of its discretionary investment strategy team for Asia. He is leading a buildout, with further hires imminent.
Tag : hsbc private bank
The bank appoints commercial banking specialist Teddy Kwong in an internal move, filling a role that has been vacant since the departure of Desmond Liu last August.
Desmond Liu has joined the firm in Hong Kong to build its business in Greater China and Korea. It comes a few months after he quit rival HSBC Private Bank.
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The firm has appointed former securities lawyer Bernard Rennell to come in above its North Asia head Desmond Liu in further evidence of its regional restructuring.
The firm adds William Lawton as head of its South Asia investment group and Jeffrey Benjamin to oversee non-Asian resident clients in its international private wealth team.
The Swiss private bank installs five senior staff to cover the India subcontinent and NRIs out of Singapore. It's the first time the bank has had a dedicated India team in the region.
Wong will be replaced in Asia by Desmond Liu who will become head of private banking for North Asia, and Nancie Dupier who will become head of private banking for Southeast Asia.
Amid other senior moves, the UK firm's head of China now oversees Hong Kong as well as the mainland.