The private bank has hired another Credit Suisse alumnus, Torsten Linke, as Southeast Asia head. Sources say his predecessor, David Lim, has been sidelined and tip further staff changes.
The Swiss private bank has hired Jimmy Lee from Credit Suisse to be its new Asia-Pacific CEO. This has been predicted to create tensions within the firm after two of Julius Baer's regional chiefs were passed over.
Julius Baer names new Asia chief; StanChart hires discretionary director; La Trobe boosts distribution sales team; Axa RE IM opens Seoul office; Eversheds hires partner for PE; and White & Case moves to Korea.
The firm hires Song Kun from Merrill Lynch as senior client partner and adds Jimmy Lee and Lee Chin Lit from Clariden Leu, while reorganising its internal structure to retain talent.
The Swiss private bank poaches Vincent Wang, Liew Chin Choy and Charles Yeoh from competitors to strengthen its offering in Asia.
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.