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ios developer account:MOVES-DBS hires former Morgan Stanley veteran as Greater China private banking head


SINGAPORE, July 8 - Southeast Asia's biggest bankDBS Group Holdings said on Wednesday it had appointeda former senior executive from Morgan Stanley Asia PrivateWealth Management as the head of its private banking businessfor Greater China. DBS Hong Kong said in a statement that Peter Tung had takenover the role after the retirement of Januar Tjandra. Hong Kong-based Tung, an industry veteran of more than 26years, worked at Morgan Stanley Asia for more than 17 years. Healso headed the Ultra High Net Worth Greater China business atUBS Wealth Management for more than four years. "The Greater China market remains a key focus as we continueto strengthen our position as a leading wealth manager in Asia,"said Joseph Poon, group head of DBS Private Bank. REUTERS

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