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.

12/16/2011

JP Morgan names CEO WSS for Aust, NZ

With news of his appointment, Kelley said it would be building partnerships with superannuation and investment manager clients in Australia and New Zealand that would be key in 2012.

12/16/2011

Leading wealth boutique hires five investment reps

Jack Broderick and Bill Belleville, CFA, join as Managing Directors from Credit Suisse Private Banking. As a team, Mr. Broderick and Mr. Belleville have more than 40 years of experience in wealth management, trading and solutions development for high net

12/16/2011

Bank of Singapore strengthens it mgmt structure

A key change would be the segregation of the risk and compliance functions so that Bank of Singapore can better respond to the increasingly demanding regulatory requirements of the private banking business.

12/16/2011

Top European lender seats new senior managers in Asia

Andy Chai joins BNP Paribas Wealth Management today as Head of Hong Kong market. In this new role, Andy will oversee the anchor market of BNP Paribas Wealth Management Asia, and lead the team to drive business growth in Hong Kong. Andy brings with him ext

12/08/2011

Indonesia lawmakers pick new cbank dep governors

The central bank next meets to discuss policy on Dec 8 and is seen holding its benchmark rate steady after steep 75 basis points cuts in the past two months to support Southeast Asia's biggest economy in the face of a weakening global situation.