The Royal Bank of Scotland has appointed two co-heads of China investment banking, including a new hire from J.P. Morgan, as it aims to boost its wholesale and investment banking business in this key market.
In a release issued yesterday, the bank said China investment banking will be jointly led by Joe Xiang, who was previously managing director and head of real estate advisory for Greater China, and Raymond Yin, who joins from J.P. Morgan where he was chief representative and head of general industrials for the China market.
The UK bank has also appointed Jinfeng Ben to head of local corporates for China, promoting him from his previous position as head of local corporate...
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