01/12/2012
Nomura, in common with investment banks around the world, has struggled with yo-yoing stock and bond prices, poor merger prospects and tightening regulation in the wake of the global financial crisis.
01/12/2012
Bank of America is cutting about 15 managing directors from its investment bank in Asia, according to a person with knowledge of the reductions. Sluggish demand for new debt and equity helped lower third-quarter investment banking fees by 31 percent.
01/11/2012
Paul Venables, Hays’ finance director, said that banking recruitment – usually an important source of revenue for Hays and peers such as Michael Page and SThree – had been waning all over the world, with a significant slowdown in Asia to
01/10/2012
"That sounds like carnage," said Richard Broadhurst, who runs Hong Kong-based Initiative Recruitment.
01/10/2012
The departure of Cho, a 15-year Merrill Lynch & Co. veteran who had been promoted to Asia mergers head in May 2009, was among the most prominent in a recent round of reductions, said the person, who declined to be identified because the departure was
01/10/2012
His role will be to work with senior UBS management in Asia to provide guidance and analysis on policy, regulatory and political trends in the region that will affect the bank’s decisions across Asia-Pacific.
01/06/2012
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.
01/06/2012
Mr. Lee will assist NewQuest in further developing its platform in the region with a focus on new deals, investment structuring, divestments, corporate governance, compliance and other general fund-related matters.
01/05/2012
“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.