10/23/2012

AuM takes hit in Asia-Pacific

Nicholas Moody, editor of Private Banker International comments: "The fall in aggregate AuM growth in Asia-Pacific hit foreign banks particularly badly, while the Asia-based banks held up well. This could perhaps be an indication that local banks are

10/16/2012

Asia's financial industry set to grow

These segments include trade finance, cross-border corporate lending, capital raising in the equity and debt markets, as well as wealth management

10/15/2012

Citigroup looks to Asian deal activity

Vikram Pandit said Citigroup should reap benefits from acquisition-hungry Asian companies while a solution to the US “fiscal cliff” would unleash pent-up demand in the US.

10/14/2012

Leading Swiss Private bank to slash 10,000 jobs

Swiss newspaper Tages-Anzeiger, citing internal documents, reported the bank plans to lay off almost a quarter of its 8,200 staffers in the IT department. It says that is likely to be followed by wider cuts, possibly affecting a fifth of the company'