Swiss private bank Clariden Leu yesterday announced a new Asia strategy to be lead by Jimmy Lee, who joined earlier this month after being poached from Deutsche Bank in March.
Underlining the weight that the firm puts on the new strategy -- and the region -- Erich Pfister, head of the Middle East and Asia division, flew out from Zurich to announce the plans at a media briefing in Singapore. Pfister touched on the history of Clariden Leu, which was created in 2007 through the merger of five separate banks owned by Credit Suisse, and the combined 500 years of private banking experience that the new entity offers its clients through the private...
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