01/10/2012

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.

01/09/2012

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.

01/06/2012

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.

01/05/2012

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.

12/20/2011

HSBC to cut jobs in India

According to data available with the Reserve Bank of India (RBI), the foreign lender had 6,373 employees and 50 bank branches in India as of March.