Managers of Wealth Asia Pacific

ANZ to slash hundreds of jobs

One source within the bank placed the figure closer to 1000, "although the specific numbers could be slightly higher or lower".

Most senior foreign exec quits Japan's Nomura

Nomura, in common with investment banks around the world, has struggled with yo-yoing stock and bond prices, poor merger prospects and tightening regulation in the wake of the global financial crisis.

BofA taps head of Asia

Bank of America is cutting about 15 managing directors from its investment bank in Asia, according to a person with knowledge of the reductions. Sluggish demand for new debt and equity helped lower third-quarter investment banking fees by 31 percent.

Bank hiring drops in Asia, says Hays

Paul Venables, Hays’ finance director, said that banking recruitment – usually an important source of revenue for Hays and peers such as Michael Page and SThree – had been waning all over the world, with a significant slowdown in Asia to

BofA to cut 75 managing directors in Asia

"That sounds like carnage," said Richard Broadhurst, who runs Hong Kong-based Initiative Recruitment.

BofA said to dismiss Asia mergers team co-head

The departure of Cho, a 15-year Merrill Lynch & Co. veteran who had been promoted to Asia mergers head in May 2009, was among the most prominent in a recent round of reductions, said the person, who declined to be identified because the departure was

Reed Smith suffers exodus of 50 staff in Hong Kong

HWB was established by three of Reed Smith Richards Butler’s founding partners - Chris Howse, Chris Williams and Kevin Bowers (20 December 2011) - and has been in operation since 1 January 2012.

Nomura's Deputy President Resigns‎

Mr. Bhattal's responsibilities will be assumed on an interim basis by Nomura Group COO and Chairman for Wholesale

UBS snags top HK journalist to head governmental affairs in Asia ‎

His role will be to work with senior UBS management in Asia to provide guidance and analysis on policy, regulatory and political trends in the region that will affect the bank’s decisions across Asia-Pacific.

Senior Management Change at Quam Asset Management

Mr. Kenneth Lam, the Chief Executive Officer of Quam Group will take up the role of Managing Director for the asset management business.

Major Oman lender taps new country manager

Lakhani has more than 25 years of diversified and practical banking experience and four years in manufacturing industry.

Deutsche, Morgan Stanley Cut Australian Staff

At least five employees of Deutsche Bank’s institutional client group and less than 10 from Morgan Stanley’s institutional equities division in Australia were cut Monday.

RBS Head of Equities Research Steps Down

Royal Bank of Scotland’s head of Australian equities research Michael Morrison has left after 20 years with the firm.

Korn/Ferry Named Best HR Consulting Firm in Talent Management Category for Second Consecutive Year

Korn/Ferry International has won the award for Best HR Consulting Firm of the Year in the Talent Management category for the second consecutive year at the recent 2011 China Staff Awards.

HSBC staff in despair as 1,000 jobs set to go

HSBC Asia Pacific chief executive Peter Wong Tung-shun announced in September that the bank would cut 3,000 local staff in the next three years, sparking a public outcry.

NewQuest Capital expands leadership team with senior appointment

Mr. Lee will assist NewQuest in further developing its platform in the region with a focus on new deals, investment structuring, divestments, corporate governance, compliance and other general fund-related matters.

Deutsche lures three Indonesia bankers from Merrill

“While Indonesia’s corporate sector continues to benefit from strong and stable rates of economic growth, high levels of volatility in global financial markets ensure [that] risk management continues to be a key priority for all corporations.

Major Spanish lender said to cut global markets staff in Asia

The Madrid-listed lender has ramped up its presence in Asia in recent years by gradually increasing its investment in China's seventh largest bank by assets and opening branches in the region.

Credit Suisse hires MF Global’ exec as equity analyst for Japan

The hire comes after Credit Suisse last year added analysts in Japan to cover autopart makers, transportation and banking.

Asian investment firm hires former UBS CFO as Europe president

Temasek has been drawing on a series of executives from banks and companies as it seeks to create a deeper leadership base at the state investment firm

Executive Moves