HSBC private bank names Asia chief in reshuffle
Bernard Rennell is named head of global private banking for Asia Pacific, in a return to a structure the firm had under Monica Wong. It could signal a more aggressive approach.
HSBC Global Private Bank has moved to promote Bernard Rennell to head of global private banking for Asia Pacific as part of a management reshuffle.
The move could signal a return to a more expansive strategy for HSBC private bank, which has been on a cost-cutting drive for the past few years, sources note.
Currently chief executive of global private banking for North Asia, Rennell takes regional control as the bank brings its two booking centres of North and South Asia together …
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