Bank of Tokyo-Mitsubishi UFJ’s wealth management business exits Hong Kong

As various players in Asia’s private banking industry remain in expansionary mode or await bidders to approach them with the right price, Bank of Tokyo-Mitsubishi UFJ (BTMU) has closed its personal wealth management arm in Hong Kong. According to a source within the bank, the personal wealth management team had 30 members, spearheaded by Kenichi Hasegawa, general manager, Asia and…

Have a confidential tip? Get in touch [email protected]