Weekly roundup of people news, Sept 30

Sep 30, 2016

Deutsche Bank closes Australia wealth arm; JPM Private Bank's Cohen promoted; Credit Suisse replaces Japan private bank head; Sun Life adds HNW chief; Deutsche WM rehires William Tsang; Lombard Odier appoints senior RM; Jupiter hires Japan PM; Aima names new chair and board; GAM restructures multi-asset unit.

Deutsche Bank closes Australia wealth arm
Deutsche Bank is closing its wealth management unit in Australia with the loss of 15 jobs including head of the business Chris Selby, amid growing concerns about the financial health of the German lender. The firm will retain a cross-border capability, with teams in Singapore and Hong Kong servicing Australian clients.

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