Deutsche Bank Wealth Management has announced a range of new hires to support growth in the Asia region, including four members of a new group in Hong Kong who will cover clients in Greater China.
The fund house has poached Bin Han from Credit Suisse amid a raft of recent hires to its institutional and wholesale teams across Hong Kong and Singapore.
Lombard Odier, the Switzerland-headquartered private bank and investments house, has announced that its Asia head, Vincent Duhamel, is stepping down as chief executive in the region, taking up the post of Asia chairman. He had been the bank’s Asia head for six years.
Swiss private banking luminary Erich Pfister, who was named head of Falcon Group’s private banking arm last year, has left the scandal-hit firm, this publication can confirm.
Scandal-hit Falcon Private Bank, the Abu Dhabi-owned firm that was kicked out of Singapore last year amid a scandal over illicit money transactions, has announced that two of its directors are leaving.
Liechtenstein-headquartered LGT, which recently bought the Asia private banking business of ABN AMRO, has made senior management changes to its private banking team in the region, this news service can exclusively report.
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