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China Merchants Bank appoints new private banking head

A man uses an umbrella to shelter from the rain as he takes an escalator at Potsdamer Platz square on September 9, 2013 in Berlin. Temperatures in the German capital were around 14 degrees Celsius. AFP PHOTO / DPA / KAY NIETFELD / GERMANY OUT (Photo credit should read KAY NIETFELD/AFP/Getty Images)

China Merchants Bank has appointed a new general manager for its private banking business after its former head, Wang Jing, left the bank, reportedly for Credit Suisse. Asian Private Banker understands that Zhao Yue, formerly CMB’s head of retail finance — including private banking and wealth management — for the bank’s Guangzhou branch will take the reins of China’s largest private…

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