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Crow’s Nest: The case of the 40 missing RMs

Abstract Image of Business People Walking on the Street

After four years of high single digit growth, the total number relationship managers (RM) at Asia’s top 20 private banks in 2015 dropped 0.8% (or 40 persons) to 5,213.  But ask any private bank and they’ll tell you that they’re actively hiring. If this is indeed true, then last year’s decline – as marginal as it was – raises a…

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