Sunday, 22nd November 2009

 

13 May 2008 - Tara Loader Wilkinson

Julius Baer grows China private banking team

Julius Baer, the Swiss private bank, has hired a new director of its China business from HSBC.

Pauline Chung starts as managing director and market head in China. She will be based in Hong Kong and reports directly to Andrea Benenati, chief executive of North Asia.

She comes from HSBC where she was head of China for the private bank. Prior to this she was country team head for China at UBS for seven years.

Julius Baer said the greater China region continues to be an important growth area. The bank said: "Clients in the region are keen to explore opportunities with Julius Baer because of its recognised reputation of providing discrete services to ultra high net worth individuals."

Chung’s appointment follows another recent senior hire from HSBC. Anita Li joined as relationship manager for the China market; previously she had a similar role at HSBC private bank.

Tags: Julius Baer

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