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Pictetâs Asia Wealth Ambition Suffers Blow as a Dozen Depart
This content was published on June 9, 2021 - 15:01
June 9, 2021 - 15:01
(Bloomberg) Banque Pictet & Cie SA has lost about a dozen Asia wealth management employees this year, underscoring the challenges for the Swiss firm as it seeks to become a top 10 private bank in the region.
The departures include longtime employees and relative newcomers, people familiar with the matter said. Among the more senior employees leaving are Nicolas Staerkle, a more than two-decade veteran of the firm, as well as Xuan-Lam Nguyen Tang, who joined in 2005, the people said, asking for anonymity because they werenât authorized to speak.