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Pictet and Clariden pursuing Asian expansion

Banks Pictet & Cie and Clariden are expanding their presence in Singapore and the Middle East.

Pictet is hiring Arabic-speaking client relationship experts, and is also looking to build up its institutional asset management business, the Financial Times reports.

Wealthbriefing says Clariden plans to set open offices in the Middle East and Asia, after new openings in Singapore, Montevideo and Monaco last year.

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