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High staff turnover bad for private banking, says Coutts's Asia chief

RBS Coutts's newly installed chief executive Nick Pollard laments the employee 'following culture' in private banking in the region.

Following the resignation of 70 staff from the Singapore office of RBS Coutts, new Asia chief executive Nick Pollard has a tough job on his hands replacing them, retaining clients and making further new hires.

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