01/08/2016

Private Bank Sued by Headhunter Over New Hires’ Fees

The search firm’s fees are 28 percent of an employee’s first-year pay package which includes a basic wage of as much as S$550,000 for a senior private banker, target bonus and joining payment, according to Mancano’s lawsuit.

12/30/2015

SAFE grants new QFII quotas to 12 entities

The granting coincided with the Chinese government pressing ahead with RQFII scheme abroad at which Beijing recently struck an agreement with United Arab Emirates to allot 50 billion RMB investment quotas under RQFII programme to UAE.