SINGAPORE – German lender Deutsche Bank announced on Wednesday (Dec 6) a series of new hires to its wealth management unit in Singapore to support its growth strategy in Asia, including six relationship managers from rival firms to cover clients in South-east Asia.
Indosuez Wealth Management, the private banking arm of France’s second-largest bank Credit Agricole, said yesterday it has completed its acquisition of Credit Industriel et Commercial’s (CIC) private banking business in Singapore and Hong Kong, having received approvals from the Singapore High Court and the Securities and Futures Commission of Hong Kong.
RBC Investor and Treasury Services has recruited its second senior custody specialist from J.P. Morgan in the space of a month as the firm strengthens its operations in Asia Pacific.
Standard Chartered has appointed Jimmy Chang as Head, Wealth Markets Products Sales, Hong Kong.
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