The former head of strategic advisory solutions (SAS) at Morgan Stanley Private Wealth Management Asia has resurfaced at Sumitomo Mitsui Banking Corporation (SMBC). Joy Kwek joined the firm today as managing director, head of capital markets & solutions, Asia Pacific. In this newly created role, she will be responsible for leading the strategic alignment of SMBC and SMBC Nikko Securities […]

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The head of Strategic Advisory Solutions (SAS) at Morgan Stanley Private Wealth Management (PWM) Asia has left the firm. Singapore-based Joy Kwek, managing director, announced her departure from Morgan Stanley after six years on her personal LinkedIn page. Morgan Stanley confirmed Kwek’s departure. Asian Private Banker has been unable to determine the next chapter for Kwek. She joined Morgan Stanley […]

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Asia’s universal banks have long hailed the “one-bank” approach, where the corporate and investment bank meets the private bank to serve clients’ crossover needs. The widespread practice — spurring growth and boosting revenue for the bank as a whole — begs the question whether universal banks’ wealth management arms could survive without the one-bank concept. The raison d’être in Asia […]

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Morgan Stanley has internally announced the establishment of a ‘strategic advisory solutions’ (SAS) function, in a bid to further drive collaboration between its private wealth management and investment banking arms. The bank has appointed Mille Cheng, who was recently named vice chairman of APAC global capital markets, to oversee the SAS unit. Cheng was previously co-head of equity capital markets […]

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