The place to be ?
ABN Amro plans to add commodity staff next year in Asia where its trade-finance business is growing as China increases consumption of energy and metals.
UBS is scaling back corporate advisory and investment banking services for ultra-rich clients in some key emerging market countries to reduce overlaps with other departments, three sources familiar with the plan said.
Global banks and asset managers are opening hedge funds in Asia for the first time since the 2008 financial crisis, putting pressure on smaller firms that are already struggling to hold onto investors.
Standard Chartered scaled back its income growth target for the next couple of years on Monday as slower economic growth and tougher regulations bite.
VTB Capital has appointed Parag Ranade as Head of Loan Sales at VTB Capital in Asia. In his new position, Parag will be responsible for VTB Capital’s syndicated loans business and expansion of client operations in the region.
A top Goldman Sachs banker in Asia is relocating to the United States to take on a global role, people familiar with the matter told Reuters, after playing a key part in the firm's efforts to broaden its business amid a drop in equity offering volumes.
Standard Chartered, DBS Group Holdiings, and HSBC have submitted first round bids for Societe Generale's Asian private bank valued at $600m, people involved in the sale told Reuters.
Wealth among Asia-Pacific millionaires may top North America’s as soon as next year as Japanese economic growth boosts investor returns in the country, a report by Cap Gemini and Royal Bank of Canada showed.
Societe Generale is exploring the sale of its Asia private banking arm, people familiar with the matter told Reuters, seeking to exit a market where small managers are getting hit by rising costs and competition.
The place to be ?
He's already won two Olympic gold medals and is a three-time World Amateur champion. On Saturday night he fights for pay for just the second time…
South Korean tech giant Samsung holds on to the title of Asia's top brand out of 1,000 competitors for a second year in a row, beating key rivals such as Apple, according to a new survey published on Monday.