Chief executive John Huang is focusing on wealthy entrepreneurs as the Taiwanese firm bulks out its private bank division.
Tag : private bank
Fund-of-hedge-fund executives say they are seeing growing discontent towards private banks by high-net-worth investors.
The Dutch lender continues its private bank expansion in Asia, hiring Ian Pollock, the former regional head of VP Bank, to replace Arjan de Boer, who is being promoted.
Bank of China aims to cover China's 32 provinces within three years and to build out in HK and Singapore, as it points to a trend for Chinese clients to use domestic, not foreign, firms.
The private bank further boosts its Asia products and services team with a Credit Suisse exec, and is hiring in compliance and risk. But there have been recent departures too.
The firm hires Song Kun from Merrill Lynch as senior client partner and adds Jimmy Lee and Lee Chin Lit from Clariden Leu, while reorganising its internal structure to retain talent.
The Swiss firm becomes the first private bank to be approved for a QFII quota and has launched a new range of renminbi-related products and services.
The Swiss private bank opens its first branch outside of Switzerland, which is more proof – if you needed it – that the growth story for wealth management is in Asia.
Private banker Vinay Gandhi leaves J.P. Morgan for UBS only weeks after he joined from Deutsche Bank.
Leung will be in charge of structured product sales to CitiÆs private bank clients.
The US bank makes Jane Fraser CEO of its private bank and Deepak Sharma the chairman.