Boutique private banks build Asia teams

Feb 27, 2011

Union Bancaire Privée, Lombard Odier, and Pictet hire new Asia heads as the competition for both talent and clients in the industry continues to intensify.

Three boutique private banks have hired new Asia heads -- Stephan Repkow has jumped ship to Union Bancaire Privée, Vincent Duhamel has joined Lombard Odier, and Pictet has hired Claude Haberer. All three are in leadership roles charged with building the Asia-Pacific business at their firms.

Repkow has joined Union Bancaire Privée (UBP) as CEO of private banking in the region. He will be based in Singapore, where UBP has its regional private banking headquarters. UBP has had a capital markets services licence under the Singapore Securities and Futures Act since early 2004 and is currently in the process of applying for a merchant bank licence.

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