Morgan Stanley Beefs Up Asia Wealth With Two Senior Hires in HK

  • Bank hires veteran Edwin Lim as managing director from HSBC
  • Wall Street bank added six relationship managers in past year

Morgan Stanley has been beefing up its wealth operations in Asia Pacific for years.

Photographer: Angus Mordant/Bloomberg
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Morgan Stanley is beefing up its private wealth management business in Asia with two Hong Kong-based senior hires from rival banks.

The Wall Street firm hired Edwin Lim as a managing director and sales manager for its Asia private wealth management business, according to an internal memo seen by Bloomberg News. Lim, a veteran Hong Kong private banker, will be joining from HSBC Holdings Plc, where he was market head for offshore China for the private bank.