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.
Manulife Asset Management has appointed Eric Liu as portfolio manager on its Hong Kong-based fixed income team.
Liu joined the four-member team from Citigroup and is responsible for the research, analysis and management of Hong Kong dollar and renminbi fixed income securities portfolios, the firm said.
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.
There is a new country head for Japan at the world’s largest listed asset management firm.
BlackRock, the world’s largest asset management house, has appointed a new chairman and Japan country head, Yoshiyuki Izawa. He takes up the role from 18 May and fills a vacancy left by Masato Degawa, who is retiring as BlackRock president and country head for Japan.
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.
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.
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.
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.
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