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Standard Chartered to Hire 500 for Hong Kong Wealth Management
February 8, 2010
Standard Chartered Plc plans to hire 500 employees this year for its wealth management business in Hong Kong.
The bulk of the new hires will be "frontline" staff, Standard Chartered spokeswoman Chamila Hewapathirana said in an e-mailed response to questions today. Hong Kong's Oriental Daily reported the hiring plans today, citing Cindy Fu, general manager of the bank's wealth management unit in Hong Kong.
Standard Chartered and HSBC Holdings Plc are among firms adding private bankers in Hong Kong as banks position themselves for an expected increase in wealth in Asia. HSBC, which moved its chief executive officer to Hong Kong this month, said in August it planned to hire at least 100 sales staff for its wealth management unit in the city.
Original Posting At: BusinessWeek
The bulk of the new hires will be "frontline" staff, Standard Chartered spokeswoman Chamila Hewapathirana said in an e-mailed response to questions today. Hong Kong's Oriental Daily reported the hiring plans today, citing Cindy Fu, general manager of the bank's wealth management unit in Hong Kong.
Standard Chartered and HSBC Holdings Plc are among firms adding private bankers in Hong Kong as banks position themselves for an expected increase in wealth in Asia. HSBC, which moved its chief executive officer to Hong Kong this month, said in August it planned to hire at least 100 sales staff for its wealth management unit in the city.
Original Posting At: BusinessWeek
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