The firm, which is streamlining its organisational structure after CIO Sandeep Malhotra quit, expects a peak in inflation and foresees opportunities in India’s equity market.
Compared to debt problems facing Europe and the US, emerging-markets inflation is a cyclical issue that is relatively easily resolved, reflects Sandeep Malhotra of Clariden Leu.
The Swiss private bank installs five senior staff to cover the India subcontinent and NRIs out of Singapore. It's the first time the bank has had a dedicated India team in the region.
As renminbi liberalisation continues, Clariden Leu is considering applying for a banking licence in Hong Kong, alongside Julius Baer and other wealth management firms.
The Swiss private bank poaches Vincent Wang, Liew Chin Choy and Charles Yeoh from competitors to strengthen its offering in Asia.
Clariden Leu's hire of its first head of European market and external asset managers in Asia reflects a growing trend for Europeans to book assets in Singapore.
The Swiss private bank poaches execs from Deutsche Bank and HSBC to bolster its Asia team.
Teddy Chu and Andrew Chan replace Shirley Yap and Helen Li who have joined Swiss private bank Clariden Leu.
Swiss private bank Clariden Leu has appointed Raymond Chung and David Louie as new co-heads of North Asia to replace Christopher Burgess.
Christopher Todd Burgess will head up the newly formed international desk and run the external asset manager business.
The private banking veteran leaves Deutsche to help the boutique Swiss firm expand in the region.
The independent Swiss private bank plans to enhance its focus on the region under the leadership of Jimmy Lee, who recently joined from Deutsche Bank.