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Salary trend of Southeast Asian RMs reflect strong demand

A salary increment of 15-20% has become the standard for private bank relationship managers (RMs) making a parallel move, whereas an increase of up to 40% is highly possible when moving up a title rank or when taking on a higher net new money (NNM) commitment. That is according to Simran Karamchandani, a private banking and wealth management senior consultant…

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