StanChart suffers senior private banker exits in Asia as unit earnings sag

  • Banking
  • Wednesday, 13 Mar 2019

HONG KONG: Standard Chartered PLC has seen the departure of at least four senior Asia-based bankers from its private banking unit in recent months, three people with direct knowledge of the matter said, amid growing earnings pressure at the business.

Among those who left the London-headquartered bank in the past six months include Teddy Kwong, managing director and market head for Hong Kong, and Peter Lam, managing director and team leader for Hong Kong, said the people.

Banking , StanChart , Standard Chartered