Coutts, the wealth management unit of RBS, has seen the departure of two more senior executives from the Asian business as it seeks a buyer for its overseas business.
The pair who has quit the firm includes Kin Cheung, head of active advisory for North Asia, and Kenny Wan, head of investment consulting for North Asia, reported Asian Investor.
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Cheung has left the firm to join DBS Private Bank as team head for marketing in Greater China. He worked at Coutts for four years and was reporting to Johnny Heng, Asia head of investment services based in Singapore.
The bank has not yet confirmed a replacement for Cheung, while Wan will be replaced by Horace Wong, former executive director for investment consulting.
Source said that Coutts Asia business has been strike by a string of departures in recent months.
A Coutts spokesperson said that staff attrition was normal at this time of the year.
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