06/26/2012

Sundaram AMC MD to step down

He has been with Sundaram AMC since its inception in 1996. During his tenure the company has grown with total assets under management of Rs 12,866 crore as on May 31.

06/26/2012

Global role for Citi's Asia consumer head‎

He will retain his position as head of consumer banking in the region which contributed US$1.1 billion or 37 percent of Citigroup's global net income in the first three months, according to a statement from the third-biggest US lender.

06/24/2012

CIMB Group retains RBS bankers

Another 57 people offered jobs didn’t cross over, said Nazir Razak, CIMB’s chief executive, in an interview in Kuala Lumpur on June 20.

06/24/2012

Asia's investment banks launch round of job cuts

Investment banks and brokerages across Asia have launched a sweeping round of job cuts as Europe's debt crisis and China's economic slowdown bite into the region's financial activity.

06/24/2012

Premium China expands distribution team

The need for an increase in adviser education on investing into the debt sector following last year's launch of the Premium Asia Income Fund has lead Premium China Funds Management to reconfigure its distribution team.

06/21/2012

Barclays India to cut 600 positions by March 2013

Around 400 of the positions will be cut in its consumer banking division while the same at its non-banking finance arm will be up to 220, sources who did not want to be identified, told PTI.

06/21/2012

Carlyle Group appoints MD

A Graduate of Harvard Business School and Wharton School, Bharadwaj previously worked as managing director at Accel Partners and as a partner and managing director/country head with Apax Partners.

06/21/2012

ABN Amro Private Banking appoints CCO for Asia and Middle East

ABN AMRO also announced that in recognition of the increasing business and operational synergies between Asia and the Middle East, the Bank has aligned its activities in the Middle East – particularly its Dubai operations – more closely with i