RBC Wealth Management has reinforced its coverage of Asia, appointing Matthew Yong president and Frank Mu chief executive officer of its Asian operations.
RBC Wealth is the private banking arm of the Royal Bank of Canada, Canada's largest bank. It is headquartered in London.
The RBC appointments coincide with the unification of the Canadian bank's private banking operations in Asia under one umbrella called RBC Wealth Management, Asia.
As president Yong will be responsible for sales and distribution activities in Asia. He was earlier head of private banking for Asia. Mu will lead the advisory team and will also focus on client solution support including trust, discretionary investment management, investment advisory and credit and...