CIMB "disappointed" by BNY Mellon's SMA exit
CIMB Private Banking says it had already signed up clients for the abandoned separately managed accounts platform. BNY IM's Asia CEO Alan Harden is flying to Malaysia next week for discussions with the bank.
CIMB Private Banking says it is disappointed and surprised by BNY Mellon Investment Management’s decision to pull its separately managed accounts (SMA) platform from the Asian market.
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