Private bankers transitioning to Asia’s independent wealth sector are demanding record salary hikes, but external asset manager (EAM) leaders warn that many struggle to shed legacy “product-pushing” habits. This, Kelvin Leong, CEO, Merliance Capital, told Asian Private Banker, applies especially to senior private bankers with established books and skills, such as Mandarin proficiency and cross-border structuring experience. “We’ve seen base…

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