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Vontobel fires first salvo, hires heavy-hitter as North Asia private banking head

Swiss bank Vontobel has reiterated its ambitions as a private bank in Asia by hiring an industry veteran as its CEO for North Asia, sending out a strong message to the market in the process. Alex Fung, who was until recently CEO of private banking Hong Kong at Société Générale, is joining the Swiss pure-play to further cement its footprint…

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