The sale to LGT Group marked the fifth foreign private bank to withdraw from their Asia operations this year, and further consolidation is expected to continue.
A former relationship manager at ABN Amro Bank failed to follow proper account opening procedures, according to the regulator.
Singh joins the firm from JP Morgan Private Bank, where he worked as executive director. He has about 20 years of experience in the wealth management industry and has previously worked with Barclays Wealth, HSBC Bank and ABN AMRO Private Bank. Singh is responsible for building and managing a team of relationship managers serving the […]
Hans Hanegraaf has been appointed country executive at ABN AMRO Singapore and head of private banking Asia & the Middle East, replacing Hugues Delcourt, who recently resigned after three years in the position.