HSBC Appoints Private Banking COO for Asia

HSBC Appoints Private Banking COO for Asia

The private banking arm of London-headquartered HSBC has appointed an operations chief for Asia. HSBC has appointed Benoit Douchin as chief operating officer (COO), global private banking (GPB), Asia Pacific, according to a statement, effective July 21. In the role, he will report to APAC GPB head Lok Yim and Jean Nabaa, COO, international wealth and premier banking ad interim and COO, GPB & wealth and premier solutions. Douchin has more than 15…

Cathay United Bank, Avaloq team up for onshore private banking in Taiwan

Cathay United Bank has collaborated with Avaloq to establish the first onshore private bank within Taiwan’s newly launched Asset Management Hub in Kaohsiung. This partnership utilises Avaloq’s core banking technology to improve operational efficiency and client service. The Financial Supervisory Commission (FSC) introduced the hub to foster growth in Taiwan’s wealth management sector. It will enable financial institutions to offer a diverse rang…

Cathay United Bank Launches First Private Banking Operations at Taiwan’s New Asset Management Hub - Fintech Hong Kong

Taiwan has launched a new Asset Management Hub in Kaohsiung, aimed at accelerating the development of onshore private banking. Cathay United Bank has become the first financial institution to establish private banking operations under this initiative, working in partnership with its longstanding technology provider, Avaloq. Cathay United Bank, headquartered in Taipei, is one of Taiwan’s leading financial institutions with a well-established weal…