10/29/2012
UBS Australia has escaped the purge of global employees by the Swiss lender, with no local jobs expected to go in one of the biggest culls of banking jobs since the implosion of Lehman Brothers in 2008.
10/29/2012
“I think pay takes up a disproportionate amount of boards' time,” BlackRock's head of corporate governance and responsible investment for Asia Pacific, Pru Bennett, said, according to The Australian.
10/29/2012
Asia-focused bank Standard Chartered Plc said its operating profit grew by a mid-single digit rate in the first nine months of the year, keeping it on track for a 10th straight year of record earnings.
10/28/2012
Switzerland, which has built up a reputation for financial discretion through its system of private banks, could lose this dominance to the Asia-Pacific region by 2020, according to a new report.
10/28/2012
Switzerland’s largest bank, will cut as many as 10,000 jobs companywide as the trading business shrinks
10/24/2012
Barclays also won ‘Best Private Bank – India’ for the second year running, and ‘Best Private Bank – Japan’ for SMBC Barclays, a private banking joint venture between Sumitomo Mitsui Banking Corporation (SMBC), Barclays
10/23/2012
Nicholas Moody, editor of Private Banker International comments: "The fall in aggregate AuM growth in Asia-Pacific hit foreign banks particularly badly, while the Asia-based banks held up well. This could perhaps be an indication that local banks are