The US fund giant’s Asia-Pacific chief operating officer has left after seven years in the role and 17 with the firm. He spoke to AsianInvestor about his next move.
Credit Suisse needs hundreds of fresh private bankers for its Asia-Pacific (APAC) operations, but hiring has been momentarily stopped at the Swiss bank. Based on Credit Suisse’s chief executive officer Tidjane Thiam’s statement in 2015, the bank needs to recruit 180 more bankers to meet its target of having 800 relationship managers (RM) in the APAC region by the end of 2018.
Dutch authorities have given hundreds of Credit Suisse clients an ultimatum, in a six-country investigation into alleged tax evasion using hidden Swiss accounts.
Citi Private Bank has promoted internally naming a new Head of Investments for Asia Pacific. The move will also see a change in the Singapore investments and advisory team structure.
Global investment management firm Pimco, has named the current leader of its Singapore unit as the new Head of Asia ex-Japan.
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