10/23/2012

HSBC Securities Services expands broker dealer outsourcing team

The expansion seeks to take better advantage of the continuing trend of financial institutions clients moving to an outsource model. HSBC currently offers broker outsourcing services in Hong Kong, Japan, Singapore, Australia and Thailand and is extending

10/23/2012

CIMB Hires CLSA’s Head of Energy

He will fill a gap created in April by former RBS head of energy and utilities research Jason Mabee, who is now part of Alinta Energy’s strategy and planning team.

10/21/2012

Credit Suisse, UBS could cut a total 7,000 jobs

UBS is to cut 3,000-5,000 jobs as part of cost-saving measures to offset falling profit, while rival Swiss bank Credit Suisse may announce 1,000-2,000 cuts, Der Sonntag newspaper reported.

10/16/2012

National Australia Bank appoints CEO for Asia

He joined NAB in Australia in 2009 as the head of the institutional bank, with global responsibility covering its large corporates, multinationals, the commercial real estate, government and education sectors and acquisition finance and advisory business

10/15/2012

Rothschild quits Bumi

An extraordinary City row erupted last night when Nat Rothschild abruptly quit the board of a mining company he created, accusing his chairman of being "complicit" in the "oppression" of some shareholders.

10/15/2012

Westpac appoints new retail banking GM

She was a member of the BT Financial Group leadership team for seven years, having held a number of key roles in the business including General Manager, Customer Service and General Manager, Risk Solutions.

10/15/2012

Citi appoints new CEO

"Citigroup is well-positioned for continued profitability and growth, having refocused the franchise on the basics of banking," Mr. Pandit said.