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.