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Heard on the Street: Standard Chartered picks Shayne Nelson’s successor

Almost six months after Shayne Nelson left the bank to join Emirates NBD, British-lender Standard Chartered has chosen a new CEO for its private banking business. Michael Benz, who was until very recently chairman of Julius Baer in Asia, has outdone several of the biggest private bankers in the industry as well as within the bank itself, in being chosen…

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