Lombard Odier boosts HK team, slams product pushing

The firm has hired five senior relationship managers in Hong Kong, mostly from UBS, as part of an Asia build-out and amid a belief the time is ripe for boutiques to attract talent from larger rivals.

Lombard Odier boosts HK team, slams product pushing

Boutique Swiss private bank Lombard Odier Darier Hentsch has hired five senior relationship managers in Hong Kong and says further appointments can be expected as it strives to deepen its Asia penetration.

The privately owned family business, which has its headquarters in Geneva, picked up four of these hires from UBS Wealth Management in Hong Kong.

In an interview, Philip Jehle, Lombard Odier’s managing director for North Asia, pulled few punches, stating that the days of product-pushing are...

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