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Heard on the street: European RMs “shying away” from big-name banks, looking instead to Asia’s local providers

In an interesting twist to the Asian private banking landscape, senior relationship managers (RMs) with established European client books are bypassing what should be their employer of choice – established, large private banks –in favour of smaller, local players. One senior banker at an established domestic bank talks about the emergence of a new, previously improbable, trend – “European RMs…

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