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HSBC Private Bank names head of private wealth solutions for Southeast Asia

HSBC Private Bank SA appointed Steven Weekes head of private wealth solutions for Southeast Asia, The Straits Times reported Sept. 24.

Weekes was previously at Citi Private Bank, and will be based in Singapore for the new role. He reports to Cynthia Lee, who will be the Hong Kong-based regional head of PWS for Asia-Pacific. Lee joined the bank in January as the PWS head for North Asia.

Weekes takes over from Michelle Lau, who was named a managing director of ultra-high net worth and family office strategic services for Southeast Asia.

HSBC Holdings PLC said it plans to significantly expand its Asian private banking business over the next five years, the report added.