Kin Cheung and Kenny Wan are the latest in what is said to be a stream of departures from the Asia business in recent months, with the former having joined DBS Private Bank.
The firm hires private banking veteran Peter Triggs from Bank of China (Suisse) to head a five-strong unit and tap Asia investment demand among wealthy international clients.
Edwin Lim has quit DBS Private Bank along with two colleagues. The trio are expected to join Peter Flavel in his build-out of JP Morgan’s private wealth management business.
The firm has appointed Lawrence Lua from Julius Baer for a position it has been seeking to fill permanently since the exit of Kwong Kin Mun at the end of 2009.
DBS Private Bank appoints industry veterans Stanley Puah Soon Kwang and Tan See Wee to lead its wealth management drive in Indonesia.