HONG KONG (Reuters) – Bank of The US China has employed Wenjie Zhang as managing director and president, in step with a memo considered by Reuters.
Zhang can be based fully in Shanghai and can be appointed as branch manager of Bank of The US Shanghai, self-discipline to regulatory approval, the memo acknowledged.
He joins the financial institution from HSBC HSBA.L, the assign he was most lately co-head of worldwide banking and govt vice president of HSBC China.
A Bank of The US BAC.N spokeswoman confirmed the contents of the memo.
Reporting by Scott Murdoch in Hong Kong; Bettering by Kevin Liffey
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