Global Wealth House Hires Former BoA Merrill Lynch Investment Banking Head In Singapore

Published by WealthBriefingAsia – 22nd April 2015

The world’s largest wealth management firm has tapped a former Bank of America Merrill Lynch investment banking head in Singapore for a private client role.

UBS has brought a former Bank of America Merrill Lynch investment banking head in Singapore across to its wealth management arm, this publication can reveal.

Published by AsianPrivateBanker – 17th April 2015

Julius Baer has hired a new market head of Indian Subcontinent and Non-Resident Indian from UBS.

Joining the Swiss pure play in the role is Parminder Soin – effective 20 April – and based in Singapore. Soin will report to the private bank’s global market head of Indian Subcontinent and Non-resident Indian, Rolf Schaerer.

Published by AsianPrivateBanker – 16 April 2015

Credit Suisse is expected to announce a successor for its outgoing CIO for private banking and wealth management in Asia Pacific.

Fan Cheuk Wan has resigned from her role as chief investment officer “to pursue new opportunities,” says a person in the know who did not specify whether these opportunities were with another private bank.

Published by AsianPrivateBanker – 16th April 2015

Bank-of-the-moment UBP has lost its chief operating officer as it continues to make headlines for its acquisition if the international wealth management business of Coutts.

Angeline Kiang, the bank’s COO for Asia responsible for operations, middle office and trade support, finance, IT and human resources has resigned.

Published by AsianPrivateBanker – 16th April 2015

Few that have followed the fate of the team of UHNW bankers UBS hired from Morgan Stanley in 2011, will be surprised by the latest developments.

Harry Pang, a managing director and team leader for one of the bank’s UHNW China teams has resigned only months after fellow Morgan Stanley alum Peter Tung resigned as head of UHNW Greater China.

Published by AsianPrivateBanker – 14th April 2015

Two managing directors, including a family office head, have left Citi Private Bank. One managing director has resigned after 24 years with the bank.

Richard Straus, managing director, head of family office and institutions and the North Asia platinum team for Citi Private Bank, based in Hong Kong, has resigned. Wayne Yang, who was managing director at Citi Private Bank based in Hong Kong, has also resigned.

Published by WealthBriefing – 14th April 2015

The Swiss private bank Lombard Odier has appointed David Loo as head of private clients for North Asia.

Based in Hong Kong, Loo will report directly to Vincent Magnenat, head of private banking in Asia-Pacific at the firm, and assumes his role today.