Authorities in China to allow tourists to graffiti on a specific section of the wall, in the hope of reducing its spread
Thinking of moving to Asia ? Hong Kong or Singapore – which pays best for investment bankers in 2014 ?
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.