RBC targets Asian wealth management clients
RBC Wealth Management has a focus on emerging, high-growth markets including Asia, and will take on 50 client-facing professionals from Fortis Hong Kong, a unit of Fortis, which was acquired by BNP Paribas.
Frank Mu, chief executive of RBC Wealth Management Asia, said the bank will have 65 relationship managers in Asia post-acquisition and is seeking to increase the size of its Asia team to between 250 and 300 staff within four years. “We will be looking to hire a number of client-facing
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