Tag : hsbc private bank

The UK firm has poached from Citi and Hong Leong Bank to fill two newly created roles, including head of investment counselling for Southeast Asia.

HSBC Private Bank's Asia head of investment strategy criticises Beijing's approach to stock market regulation, in unusually frank comments during a panel discussion.

The firm has promoted Christopher Marquis to global head of private wealth solutions, taking over the position from Bernard Rennell, who remains Asia head of global private banking.

Liquidity is key for broadening the appeal of alternatives, says HSBC Private Bank's head fund gatekeeper, who also shares what the firm looks for when picking asset managers.

The Swiss banking group has hired six relationship managers in Hong Kong, four of whom joined from HSBC Private Bank. But it has also lost staff recently.

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.

The firm has named global co-heads for its private bank investment group, one based in Hong Kong and the other in London. They replace a London-based CIO, who has retired.

Benjamin Pedley rejoins HSBC Private Bank as head of its discretionary investment strategy team for Asia. He is leading a buildout, with further hires imminent.

The bank appoints commercial banking specialist Teddy Kwong in an internal move, filling a role that has been vacant since the departure of Desmond Liu last August.

Desmond Liu has joined the firm in Hong Kong to build its business in Greater China and Korea. It comes a few months after he quit rival HSBC Private Bank.

The firm has appointed former securities lawyer Bernard Rennell to come in above its North Asia head Desmond Liu in further evidence of its regional restructuring.

The firm adds William Lawton as head of its South Asia investment group and Jeffrey Benjamin to oversee non-Asian resident clients in its international private wealth team.