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Morgan Stanley plans to hire dozens for Asia wealth buildup

Bloomberg
Bloomberg1/17/2020 06:42 PM GMT+08  • 2 min read
Morgan Stanley plans to hire dozens for Asia wealth buildup
The New York-based bank is looking to add 30 to 35 private bankers in the two cities this year, Asia-Pacific wealth head Vincent Chui said in an interview.
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SINGAPORE (Jan 17): Morgan Stanley plans to add dozens of staff at its wealth business in Hong Kong and Singapore this year, signaling its confidence in the world’s fastest-growing region when it comes to minting millionaires.

The New York-based bank is looking to add 30 to 35 private bankers in the two cities this year, Asia-Pacific wealth head Vincent Chui said in an interview with Bloomberg Television in Hong Kong on Friday.

“Our continued expansion and growth will be actually a matter for us to accelerate in 2020,” he said. The additional relationship managers “would perhaps translate into at least 50 or 60 more customer service, risk and product specialists.”

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