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“Severe shortage” of RMs in Hong Kong and Singapore as Chinese banks wade in

There is a “severe shortage” of relationship managers (RMs) in Hong Kong and Singapore as Chinese firms look to build out their international wealth management operations, according to Sid Sibal, financial services manager at Hudson Hong Kong. “There has been a big increase in demand, especially by Chinese-backed brokerages who are stepping up the expansion of wealth management operations in…

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