Banks unveil hires to sharpen coverage of ultra-HNWI in Asia

The wealth businesses of UBS, BNP Paribas and Barclays announce senior hires, focusing on family office, independent wealth and trust structuring and advisory, respectively.

The wealth management divisions of UBS and BNP Paribas yesterday unveiled senior appointments in their ultra-high-net-worth ultra-HNW teams, a highly competitive area among service providers.

In a memo, the Swiss bank revealed that Jeremy Tan has joined from Citi Private Bank as a managing director in Singapore to focus on developing its family office business for Southeast Asia. He reports to regional market manager Peter Kok in the city-state and to ultra-HNW head for Southeast Asia Daniel Harel....

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