JP Morgan Private Bank has named Andrew Cohen as chief executive of its ultra-high-net-worth business in the Asia-Pacific region, which JP Morgan defines as individuals holding more than $25 million in liquid assets. He will effectively take on the role of Paul Scibetta, who was chief executive for private banking in Asia. Scibetta is expected to assume an as-yet unspecified senior position within the US bank.
Cohen will move from Los Angeles, where he led JP Morgan Private Bank's southern Calif
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