Pictet Wealth Management has hired a former private banker from J.P. Morgan to lead a new Greater China team, finews.asia has learned.
Raymond Yeung joins Pictet Wealth Management as a Greater China market group head, according to an internal memo seen by finews.asia, reporting to Hong Kong branch chief executive and North Asia head Alex Ng.
Yeung has 17 years of wealth management experience, most recently with J.P. Morgan Private Bank where he led a team focused on the Hong Kong and China market. Previously, he also worked for Morgan Stanley Private Wealth Management, DBS, BOCI Private Bank and Fortis Private Bank.
Greater China Team
At Pictet, Yeung will lead a Greater China team made up of new hires with a focus on the Greater Bay Area.
Chun Man Ho joins the team as a private banker following 17 years of experience, most recently at DBS Private Bank and Treasures Private Client where he was an investment counselor.
Ex-Standard Chartered Private Banking relationship manager Kenneth Choi has also been hired as a private banker. He has 17 years of wealth management experience, having previously worked for Deutsche Bank, DBS, BNP Paribas, Citi Private Bank.
Ex-J.P. Morgan ultra-high net worth private banker Kathy Xie joins as a junior private banker and ex-Julius Baer assistant relationship manager John Chan joins the team as a client relationship officer.
A spokesperson for the bank confirmed the contents of the memo.
