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EXCLUSIVE: Chinese Wealth House Adds To Hong Kong Team

Andrew Deane

18 May 2017

 and Ingrid Huang, formerly of CTBC Private Banking (HK), have joined SCC as executive directors, industry sources have told this news service. It is understood that a number of senior investment and middle office hires are also in process.

Recently, Nick Xiao, chief executive of SCC, said the firm was both stressing its offshore Swiss credentials as well as its strong Chinese connections and know-how for working in the mainland.

It is understood that SCC’s shareholders include a number of luminaries from the Swiss private banking community, and a large private equity group in China with a record of investing in hi-tech.