Press

Published by WealthBriefingAsia – 8th May 2015

The international arm of Coutts, which has been sold to Union Bancaire Privee, has confirmed a change at the top with a new CEO.

Coutts & Co Ltd, the international private banking business of Royal Bank of Scotland that was sold last month to Union Bancaire Privee, has confirmed that Alex Classen, its chief executive, is stepping down from the role and will be succeeded by Michael Blake.

Published by AsianPrivateBanker – 8th May 2015

More than two years after being appointed as the Asia head of Bank of Montreal’s (BMO) private banking arm, the 20 year veteran in legal and wealth management services steps down from the role.

Robert Cormie exits BMO Private Bank two years after joining the Canadian rival, Canadian Imperial Bank of Commerce (CIBC) where he was its managing director and Asia Pacific head.

Published by WealthBriefingAsia – 7th May 2015

This publication has another exclusive report on a senior move in the Asia-Pacific banking sector.

Credit Suisse has appointed a former senior Standard Chartered manager to be managing director and deputy market group head/market leader for Indonesia, effective in July, taking over from Young Jin Yee who now is market group head for Singapore, this publication understands.

Published by AsianPrivateBanker – 6th May 2015

Julius Baer has added a former Citi banker to its growing team of relationship managers.

Florian Garivier has joined the Swiss pure-play as an executive director, focusing on institutional clients. Garivier will report to recently appointed Serge Janowski, managing director and head of special markets, Julius Baer. Janowski is the former CEO of Hong Kong at Crédit Agricole Private Banking.

Published by WealthBriefingAsia – 6th May 2015

One of the senior figures in international private banking is to step down in the wake of a merger deal, a report says

The head of Royal Bank of Scotland’s overseas private banking arm, Coutts International, is due to step down after that operation’s sale to Switzerland’s Union Bancaire Privee a few weeks ago, Reuters reported, quoting an unnamed source.

Published by AsianPrivateBanker – 5th May 2015

Standard Chartered Private Bank has added another relationship manager to its front line, this time from UBS Wealth Management.

Stephanie Zhang joins the bank as a relationship manager, covering the ultra-high net worth segment and Greater China market. She is based in Hong Kong.