Managers of Wealth Asia Pacific

World Bank chief says U.S. should lead some global bodies

The World Bank last week launched the nomination process to select a new president to succeed Zoellick when he steps down in June, inviting names from any of its 187 member countries. The Obama administration has said it would open the process to competit

Blackstone hires Morgan Stanley executive for China: sources

Blackstone has been rapidly building a team under Asia-Pacific head Michael Chae, a former top dealmaker for the firm in New York who moved to the region in late 2010.

HSBC boosts client services team in Singapore

Venkatakrishan joins HSBC from J.P. Morgan’s Treasury and Securities Services business in India, where he worked for over 14 years in a number of roles. Most recently, his role within J.P. Morgan was to lead the Client Service and Implementation tea

Citigroup Private Bank’s Co-Head of Global Real Estate Resigns

The co-head of the global real estate group at Citigroup Inc.’s private banking unit, resigned.

HSBC to Cut Fewer Hong Kong Jobs Than Planned

The number of staff reductions at Hong Kong and Shanghai Banking Corporation (HSBC) may be fewer than first announced, according to Hong Kong-based newspaper, The Standard.

UBS Names heads of Australia Capital Markets

A UBS spokeswoman confirmed the memo’s contents

HSBC gets new Singapore head of client services

He joins HSBC from J.P. Morgan’s treasury and securities services business in India.

Nikko AM hires head of marketing from Fidelity Singapore

She joins from Fidelity Singapore, where she headed marketing.

Bank of America Merrill Lynch appoints new South Africa CEO

He will also join the lender's executive committee for emerging markets excluding Asia

BarCap names senior relationship management head for Southeast Asia

She was previously chief executive officer of DBS Asset Management in Singapore

Major French bank appoints HK veteran for Indonesian head of equities

Remington’s appointment marks a key milestone for BNP Paribas’s presence in Southeast Asia and will support the bank’s growth strategy in Indonesia and the region, the company said in a statement released in Jakarta on Tuesday.

BNP Paribas hires from Citigroup for Japan equity coverage

The Paris-based bank is hiring even as foreign firms cut about 2,000 jobs in the country in the 18 months to Dec. 31, according to recruitment firm Executive Search Partners Co.

DST Global Solutions appoints new Head of Client Relationships for Asia

She brings with her over 20 years’ experience in the Financial Services industry having held a number of senior roles including most recently Regional Account Director at SunGard Global Trading and Deputy Managing Director, Asia Pacific at FTSE.

ING appoints new head of Asian Fixed Income

He replaces Joel Kim who moved to BlackRock as Head of Fixed Incom Asia Pacific.

Entrust Private Wealth Management ramps up its wealth management business

Entrust manages about $500 million of client funds under a discretionary trust model.

Lazard Poaches From Rival as Southeast Asia Heats Up

He joined ANZ's London office in 1997, moving to Singapore in 1999 to establish ANZ's M&A business in Asia.

MBMG appoints senior private client advisor

Morton is a certified financial planner and a member of the Financial Planning Association of Australia, the highest professional designation available to Australian financial planners. He also holds an Advanced Diploma in Financial Services.

UK top 40 firm to open in Hong Kong

The UK top 40 firm is recruiting Loretta Lau, a corporate and capital markets lawyer qualified in England and Hong Kong.

Goldman, Morgan Stanley Asian Execs Moving On

Former Morgan Stanley Asia Chairman Stephen Roach, known for his outspoken views on China and the U.S. economies, will be retiring from the firm as Asian non-executive chairman.

AMP Capital expands Aus Equities team

AMP Capital is continuing to grow its Australian Fundamental Equities team taking on two new full time staff, as well as launching a new global resources fund.

Executive Moves