Morgan Stanley Private Wealth Management has recruited four Greater China relationship managers, bringing the firm closer to its target of 15-20 new frontline staff in Asia by the end of the year.
Citi Private Bank, a subsidiary of Citigroup that serves worldly and wealthy individuals and families, has appointed Timothy Morse as Global Market Manager for Thailand, Malaysia and Brunei with immediate effect.
Published by South China Morning Post – 17th April 2018
Bank also plans to set up family offices in major Chinese cities this year to help the wealthy with inheritance planning
Bank of Singapore, the private banking arm of Singapore’s second-biggest lender OCBC, plans to double its staff in Hong Kong as it eyes wealth management business from China’s growing number of millionaires and billionaires, according to the bank’s local head.
Published by efinancialcareers.com – 17th April 2018
In 2016, Credit Suisse, Standard Chartered and Julius Baer dominated hiring in Asian private banking. Not so in 2017, according to a newly released league table for that year from Asian Private Banker which shows the number of Asia-based relationship managers employed by each bank.
We looked through the table and found the following highlights.
UBS is rejigging its equity capital markets arm in Asia, marking the return of a veteran of the Swiss bank to the region as the unit’s new head.
The Zurich-based bank named Hannah Malter head of equity capital markets syndicate in Asia, according to a memo seen by finews.asia. The 11-year UBS veteran replaces Andrea Casatiand will report to Gaetano Bassolino, the Swiss bank’s head of capital markets in Asia.
Published by Wealth Briefing Asia – 17th April 2018
The head of greater China at the US lender is concentrating solely on the vice-chair role, with a replacement taking over this manager’s other position.
May Hsu, head of greater China and vice chairman for the private bank of JP Morgan, has decided to focus solely on the vice chairman role, this publication has learned.
Citi Private Bank has appointed Julie Koo as its Head of Citi Investment Management (CIM) Sales for Asia Pacific, it announced via a press release.
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