Managers of Wealth Asia Pacific

Deutsche, Morgan Stanley Cut Australian Staff

At least five employees of Deutsche Bank’s institutional client group and less than 10 from Morgan Stanley’s institutional equities division in Australia were cut Monday.

RBS Head of Equities Research Steps Down

Royal Bank of Scotland’s head of Australian equities research Michael Morrison has left after 20 years with the firm.

Korn/Ferry Named Best HR Consulting Firm in Talent Management Category for Second Consecutive Year

Korn/Ferry International has won the award for Best HR Consulting Firm of the Year in the Talent Management category for the second consecutive year at the recent 2011 China Staff Awards.

HSBC staff in despair as 1,000 jobs set to go

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.

NewQuest Capital expands leadership team with senior appointment

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.

Deutsche lures three Indonesia bankers from Merrill

“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.

Major Spanish lender said to cut global markets staff in Asia

The Madrid-listed lender has ramped up its presence in Asia in recent years by gradually increasing its investment in China's seventh largest bank by assets and opening branches in the region.

Credit Suisse hires MF Global’ exec as equity analyst for Japan

The hire comes after Credit Suisse last year added analysts in Japan to cover autopart makers, transportation and banking.

Asian investment firm hires former UBS CFO as Europe president

Temasek has been drawing on a series of executives from banks and companies as it seeks to create a deeper leadership base at the state investment firm

New World Bank appoints VP for East Asia and the Pacific

She previously worked as Vice President for the Latin America and Caribbean Region of the Bank

Raj Kumar appointed ED of Indian Bank

He had previously served as General Manager of Andhra Bank, heading the Investments and International Banking Division at Mumbai

VTB Capital Hires Ex-Merrill Lynch Managing Partner As CEO Asia

He has more than 20 years industry experience, including over 19 years in senior roles at Merrill Lynch, both in Hong Kong and London.

Standard Chartered appoints new consumer banking chief

Prior joining Standard Chartered he was the Group Head of Retail and Mass Market Business at NIB Bank

NIB Bank appoints new president

He recently resigned from Standard Chartered.

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.

Top fund manager hires ex-INGIM head

In the new role, McKay will be responsible for building up the firm's retail business strategy and its product positioning.

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.

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

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.

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

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