Edmond de Rothschild has officially closed both its private banking and asset management businesses in Hong Kong, according to recent records from the Securities and Futures Commission.
Tag: Edmond de Rothschild
The FSA Spy market buzz – 09 December 2016
Role change at Standard Life, M&G hires, asset managers’ share prices, surprising rallies, Capital on Japan, Saxo’s outrageous predictions, advertising from HSBC and much more.
Rothschild joins trend by closing Hong Kong branch
The exodus of private banks from the region continues as Edmond de Rothschild (Suisse) announces that it plans to close its Hong Kong branch.
BMO appoints Chan as Asia PB head
Monique Chan, former chief executive for Edmond de Rothschild in Hong Kong, has joined BMO as CEO for its private banking business in Asia.
Fund houses warn on volatility from Greece impact
Increasing uncertainty around Greece and the probability of an exit from the Eurozone has raised the alarm at several fund houses about a surge in market volatility.
Edmond de Rothschild’s Hong Kong CEO quits
The bank confirmed to Fund Selector Asia that Chan has resigned, but said she has not yet left the firm. No further details were disclosed.