Standard Chartered has announced it will restructure itself into fewer, but larger divisions, effecting its high net worth businesses. It also confirmed the planned departure of its private banking head, Didier von Daeniken.
Mr von Daeniken, who took the role of global head of private banking and wealth management in 2016, is leaving as part of changes which will bring together the group’s retail, private banking, and wealth management operations into a single division.
Mr von ...
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