Jimmy Lee from Clariden Leu discusses Asian private banking

Swiss private bank Clariden Leu spent 2009 building its Asia team. In March the firm hired Jimmy Lee from Deutsche Bank to head private banking for Asia and, later in the year, it followed this up by announcing a new Asia strategy. We speak to Singapore-based Lee about his outlook for Clariden Leu and the wealth management industry in the region.

Clariden Leu enhanced its focus on Asia in 2009, in the wake of the financial crisis. How was the year and how did the crisis impact your business
There has been a paradigm shift in the fundamental values of the private banking business. With the onset of the economic recovery, we have...