Credit Suisse needs hundreds of fresh private bankers for its Asia-Pacific (APAC) operations, but hiring has been momentarily stopped at the Swiss bank. Based on Credit Suisse’s chief executive officer Tidjane Thiam’s statement in 2015, the bank needs to recruit 180 more bankers to meet its target of having 800 relationship managers (RM) in the APAC region by the end of 2018.
Published by Wealth Briefing Asia – 17th April 2017
Scandinavia-based Nordea has confirmed the arrival of Fredrik Lager as head of Nordea Bank, Singapore branch, having had a career to date in the realm of private banking in Asia and northern Europe. He takes over from the former GM, Kim Osborg Nielsen, who takes on a more “front-office” role as head of private banking, working with the lender’s larger clients in the region.