UBP COO resigns

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.

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.