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“My role is reduced to that of a parrot!” – senior RM bemoans KYC hassle, decries minibond payouts

Nearly five years on, the fallout from the Lehman Brothers minibond meltdown lives on in the Hong Kong hot zone, much to the frustration of one senior relationship manager (RM) at a prominent, Hong Kong-based private bank. Speaking with Asian Private Banker, the well-known RM has nothing but vitriol for what she describes as the time-consuming, Securities and Futures Commission…

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