Published by AsianPrivateBanker – 24th April 2015
Several months after Citi Private Bank’s former head of family offices left the American lender, the 28-year Citi veteran joins a Swiss private bank.
Richard Straus joins Julius Baer as its new market head for Taiwan, effective April 27 this year. In his new Hong Kong based role, Straus will report in to Wilson So, head of Greater China.
Straus was most recently the Asia head of family offices and institutions for Citi Private Bank and before that, market head for Taiwan based in Hong Kong for four years. Previously, Straus held various roles which included chief financial officer, chief administrative officer and chief operating officer in Japan, New York, Singapore and Hong Kong.
As of 2014-end, Julius Baer had US$78.7 billion in AUMs in Asia, registering a 9% year-on-year increase, according to this publication.
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