MOVES- BlackRock, Deutsche Bank, Northern Trust, OCBC
(Royal Bank of Scotland (LSE: RBS.L - news) , RBC Wealth Management)
Aug 8 (Reuters) - The following financial services industry appointments were announced on Friday. To inform us of other job changes, email moves@thomsonreuters.com.
BLACKROCK INC (NYSE: BLK - news)
The investment management firm appointed Tan-Yuan Kueh as head of private bank business and strategic client development, Asia ex-Japan, effective Aug. 7.
DEUTSCHE BANK AG (Xetra: 514000 - news)
The German bank hired high-yield debt trader Nick Brice from Credit Suisse Group AG, Bloomberg reported, citing people briefed on the move.
RBC WEALTH MANAGEMENT
The division of Royal Bank of Canada (Toronto: RY-PC.TO - news) announced on Friday it hired a veteran adviser away from the regional wealth management group Janney Montgomery Scott, where he managed $245 million in assets.
ROYAL BANK OF SCOTLAND
The bank is shutting its controversial turnaround division and the two most senior executives who ran it are to leave the bank, a person familiar with the situation said on Friday.
NORTHERN TRUST CORP
The financial holding company said Peter Jordan will head its global fund services in the Asia-Pacific region, moving him from a similar role in Australia and New Zealand.
OVERSEA-CHINESE BANKING CORP LTD
The bank named Ong Eng Bin as chief executive of OCBC Bank (SES: E1:O39.SI - news) (Malaysia) Berhad, effective Aug. 8. Ong was previously the head of business banking, OCBC Malaysia. (Compiled by Amrutha Penumudi and Lehar Maan in Bangalore)