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Top HSBC Private Bank appointment brings “heavy hitter’s” role into question

Following the departures of former North Asia head, Desmond Liu, former ultra high net worth (UHNW) private banker, Ushe Koh, and former North Asia head of investment strategy, Benjamin Pedley, HSBC is aiming to staunch the flow, appointing its Macau CEO to a senior position at its private banking arm. Decade-long HSBC veteran, Teddy Kwong, joins the private bank as…

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