Citi Private Bank loses two managing directors

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.

Published by AsianPrivateBanker – 10th April 2015

Senior staff continue to leave Coutts as an ex-director heads to Barclay’s private banking arm in Hong Kong.

Willie Cheng joins Barclays as a relationship manager and director based in Hong Kong. Prior to this role, Cheng spent eight years with Coutts, most recently as a director.

Published by WealthBriefingAsia – 9th April 2015

Credit Suisse Private Banking in the Asia-Pacific region has added a team leader for Indonesia.

Suvien Long was the former desk head, Indonesia, at Societe Generale.

Published by AsianPrivateBank – 7th April 2015

The Bank of Singapore’s head of research and product marketing has resigned soon after the return of the bank’s head of fund solutions.

John Ng was at the bank for almost eight years. He oversaw research in equities, bonds and funds, and was also responsible for the marketing and communications of Bank of Singapore’s investment products.

Published by AsianPrivateBanker – 2nd April 2015

Standard Chartered has a new addition to its Indonesia wealth management desk led by Torsten Linke.

Lilian Ang, a senior private banker with more than a dozen years in the industry, joins the bank after two and a half years with Nomura Wealth Management.

Published by WealthBriefingAsia – 2nd April 2015

Grosvenor, the privately-owned international property group, has appointed a former senior UBS executive, Benjamin Cha, as its Asia-Pacific chief executive, the group’s Asia-based proprietary arm. From yesterday, he takes over from Nicholas Loup, who moves on from the company. Loup set up the Asia business in Hong Kong in 1994; operations have since expanded to Tokyo and Shanghai.

Published by WealthBriefingAsia – 2nd April 2015

A senior private banker at JP Morgan in Singapore, Harjeet Singh, has left the US firm, this publication can exclusively reveal.

Singh, an executive director at the firm, is a specialist in the India-focused market. Although this publication has heard rumours about where he has gone, it hasn’t been able at the time of going to press to establish his future firm and role, and will update in due course.

Published by HedgeFundsClub – 1st April 2015

Bryan Goh has joined Bordier & Cie in Singapore as CIO.

Most recently Bryan was Head of Alternative Investments at DBS Private Bank. Earlier he has worked at First Avenue Partners, Oaks Family Office and Arab Bank. He also founded an online retail business for fine watches in 1997.