The Swiss private bank installs five senior staff to cover the India subcontinent and NRIs out of Singapore. It's the first time the bank has had a dedicated India team in the region.
Clariden Leu's hire of its first head of European market and external asset managers in Asia reflects a growing trend for Europeans to book assets in Singapore.
Jimmy Lee, who heads private banking for Asia at Clariden Leu, explains the Swiss bank's strategy to win business and hire people in a highly competitive environment.