StanChart Private Bank hires Liu for North Asia

Desmond Liu has joined the firm in Hong Kong to build its business in Greater China and Korea. It comes a few months after he quit rival HSBC Private Bank.
Desmond Liu is looking to build a Greater China hub for StanChart
Desmond Liu is looking to build a Greater China hub for StanChart

Standard Chartered Private Bank announced yesterday it has hired former senior HSBC banker Desmond Liu as head of Hong Kong and Northeast Asia.

Liu started in the role last week based in Hong Kong, and is tasked with leading the strategic direction of the firm’s private banking business in Greater China and Korea.

He comes in to fill a role vacated by Stephen Richards Evans, the former Northeast Asia head who was transferred to Dubai in October 2010 to serve as head of private banking for the west, which includes the Middle East, Europe and the UK.

In the interim the Northeast Asia...

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