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StanChart’s PB outflow reaches high 20s, with “some continued attrition through the year” expected

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Standard Chartered Private Bank has experienced an outflow of staff in the high 20s range since the start of the year, and expects this to continue throughout 2017, Asian Private Banker has learnt. Sources indicate that the loss of relationship managers (RMs) and assistant RMs impacted the bank’s two Asian booking centres, Hong Kong and Singapore. Asian Private Banker understands…

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