Managers of Wealth Asia Pacific

Bank Of America Merrill Lays Off Australian Bankers

Bank of America Merrill Lynch trimmed its Australian banking headcount Monday by letting go two managing directors

Grosvenor Fund Management appoints managing director

He joins Grosvenor after nearly 20 years at Morgan Stanley

OCBC's CEO to step down after a decade

Under Conner's leadership, OCBC overtook United Overseas Bank as Singapore's second-biggest lender by assets after DBS Group Holdings

ANZ appoints COO for Asia-Pacific, Europe and US

Iyer’s appointment will be effective on January 30. He will be based in Singapore.

Merrill Lynch hires resident director for Chicago Monroe office

Burgess will manage more than 80 financial advisors with more than $8 billion in client assets.

Pimco Moves Emerging Markets Head to Asia as Region Grows

Ramin Toloui started in Pimco’s Singapore office on Jan. 5, having relocated from the company’s headquarters in Newport Beach, California. The company boosted its Asia-Pacific headcount by 20 percent last year to 140 employees, according to a

BoA Merrill names head of Asia-Pacific prime brokerage

In his new role, Graham will be responsible for the client-facing aspect of the prime brokerage business, including sales, capital introductions, consulting and client service.

UTI Mutual Fund appoints exec as interim CEO

The company has been without a chairman and MD since February 2010. It is learnt that an announcement would be made soon. The company's board is in Delhi for the purpose.

Noah Holdings Limited Appoints New Chief Operating Officer

Ms. Jingbo Wang, Co-founder, Chairwoman of the board of directors and Chief Executive Officer, commented, "Mr. Tsai brings more than 20 years of extensive experience in the finance industry, having previously served in such leadership positions as th

ANZ to slash hundreds of jobs

One source within the bank placed the figure closer to 1000, "although the specific numbers could be slightly higher or lower".

Most senior foreign exec quits Japan's Nomura

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.

BofA taps head of Asia

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.

Bank hiring drops in Asia, says Hays

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

BofA to cut 75 managing directors in Asia

"That sounds like carnage," said Richard Broadhurst, who runs Hong Kong-based Initiative Recruitment.

BofA said to dismiss Asia mergers team co-head

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

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.

Nomura's Deputy President Resigns‎

Mr. Bhattal's responsibilities will be assumed on an interim basis by Nomura Group COO and Chairman for Wholesale

UBS snags top HK journalist to head governmental affairs in Asia ‎

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.

Senior Management Change at Quam Asset Management

Mr. Kenneth Lam, the Chief Executive Officer of Quam Group will take up the role of Managing Director for the asset management business.

Major Oman lender taps new country manager

Lakhani has more than 25 years of diversified and practical banking experience and four years in manufacturing industry.

Executive Moves