Private bank Coutts has hired a managing director within its international business in the UK to enhance links with its Asia operations, in the latest hire for the bank and for the wealth management sector.

Michael Mount has joined from HSBC where he was most recently managing director, global South Asian Diaspora, Europe and Americas at HSBC's private banking business in the UK. He has also led business development at HSBC Private Bank UK, and was chief executive for HSBC Investment Bank's international private banking operation in London.