Cathay United Bank bets on internal talent to dodge RM pay war

Robert Fuh, Cathay United Bank

In Taiwan’s burgeoning private banking scene, the most valuable currency isn’t just capital — it’s the relationship manager (RM).  As a late surge of local banks rushes to establish private banking arms, a bidding war has erupted for top-tier talent. While some competitors engage in a costly game of musical chairs, Cathay United Bank is bypassing the aggressive poaching wars….

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