The Royal Bank of Scotland (RBS) has hired Deutsche Bank’s Manfred Schmoelz to head its global network banking business in Asia-Pacific. He will officially join the bank after September 7 and is the replacement for Peter Leyssius who will leave the bank to return to Europe. Schmoelz’s appointment is the second this year for RBS’s global network banking business. Jonathan Jiang joined RBS from Bank of America Merrill Lynch as its new China head of global network banking in April this year.
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