Major Bank Reviews Private Banking

Published by Finews.asia – 15th March 2017

J.P. Morgan Private Bank has named a new CEO for Asia. The move comes after last September’s internal shift which saw Andrew Cohen named Head of J.P. Morgan’s international private banking business.

Published by Fund Select Asia – 15th March 2017

Bank J Safra Sarasin has appointed Vinay Gandhi as its managing director and CEO for its new ultra-high-net-worth (UHNW) Asia division.

Gandhi, based in Singapore, assumed his role today, according to a Hong Kong-based spokeswoman from the firm. 

Published by CNBC – 13th March 2017

DBS Group, Southeast Asia’s largest bank, is looking for a new chief investment officer for its expanding wealth management division to replace Lim Say Boon, who is retiring after serving seven years, people familiar with the matter told CNBC.

The search comes amid the well-documented rise of the super-rich in Asia and associated demand for wealth management products. Still, Lim’s successor faces multiple challenges, including fierce competition for clients, fee and margin pressure and tighter regulation.

Published by Wealth Briefing Asia – 9th March 2017

Standard Chartered has appointed a former senior private banker in Hong Kong from Credit Suisse.