Update: RBS Coutts moves co-CIO to Hong Kong
As it rebuilds its team in Asia, the UK firm becomes the latest private bank to relocate a top-level executive, Nick Cringle, to the region. It has also hired Manfred Liechti as head of Southeast Asia.
After losing 70 staff from its Singapore office last year and bringing in a new Asia chief from London to steady the ship, RBS Coutts is to transfer another senior banker from head office.
Nick Cringle, global co-chief investment officer at the UK private bank in London alongside Gayle Schumacher, will move to Hong Kong in the coming weeks.
His relocation is part of the bank's strategic plan to capitalise on one of the world's fastest-growing high-net-worth markets and to strengthen…
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