

HSBC CEO Noel Quinn to retire after record profit streak
HSBC announced that CEO Noel Quinn will retire after nearly five years, during which he led the bank to record profits and its strongest...
May 2, 2024


Global economic confidence among finance professionals hits new high
Finance professionals' economic confidence has reached its highest level since early 2023, according to a recent survey by the...
May 1, 2024


Barclays hires from Goldman, Citi to enhance Asia trading operations
Barclays Plc is expanding its presence in Asia, outpacing some U.S. competitors after hiring nearly a dozen top sales and trading staff...
May 1, 2024


2,000 CICC bankers face pay cuts
China International Capital Corp. (CICC), a leading investment banking firm in China, is cutting the base salaries of its onshore...
Apr 30, 2024


Thailand appoints new finance minister in cabinet reshuffle
Thai Prime Minister Srettha Thavisin has named Pichai Chunhavajira, a seasoned capital markets expert, as the country's new finance...
Apr 29, 2024


Morgan Stanley PE Asia announces leadership shakeup
Morgan Stanley Private Equity Asia (PEA) is restructuring its regional teams as CEO Chin Chou retires, an internal memo reveals. The firm...
Apr 26, 2024


HKEX names former SFC chairman as new head
Carlson Tong Ka-shing, a seasoned accountant and regulator, has been named the new chairman of Hong Kong Exchanges and Clearing (HKEX),...
Apr 26, 2024


Noah Holdings to double wealth managers in HK, Singapore
Noah Holdings Ltd., a Shanghai-based firm with USD20.7bn assets under management, plans to double its relationship managers in Hong Kong...
Apr 25, 2024


Bank of Singapore names new Hong Kong CEO
OCBC’s Bank of Singapore has appointed Rickie Chan as the new CEO of its Hong Kong branch, effective immediately. Chan, who also serves...
Apr 24, 2024


BNP Paribas hires 30 for new China securities operation
BNP Paribas SA has hired around 30 staff to start its securities operation in China, re-entering the market 17 years after leaving a...
Apr 23, 2024


Toshiba to cut thousands of jobs in major restructuring move
Toshiba Corp is set to cut thousands of jobs in Japan, primarily in back-office departments, as part of a new business strategy to be...
Apr 19, 2024


ING enhances APAC team with new corporate finance head
Dutch bank ING has named Gautam Saxena as its new head of corporate finance for the Asia-Pacific region, overseeing 11 markets including...
Apr 19, 2024


Morgan Stanley, HSBC cut investment banking jobs in Asia
Morgan Stanley and HSBC are cutting dozens of investment banking jobs in the Asia Pacific region amid cost-cutting efforts. Weaker...
Apr 18, 2024


Julius Baer names new head for Greater China markets in Singapore
Julius Baer, a Zurich-based bank, has named Benjamin Sim as the head of Greater China markets in Singapore, effective June 1. Sim, who...
Apr 17, 2024


Singapore aligns with ASEAN in gender balance improvements
This year’s global Gender Balance Index (GBI), tracking 335 institutions, revealed only 14% of new leadership positions were filled by...
Apr 11, 2024


Janus Wu named head of Citibank’s IPB in Hong Kong
Citibank has appointed Janus Wu as the new Head of International Personal Bank (IPB) for Hong Kong, effective immediately. Wu, previously...
Apr 10, 2024


Thailand proposes joint visa programme with Southeast Asian neighbours
Thailand’s Prime Minister Srettha Thavisin is spearheading a joint-visa programme with Cambodia, Laos, Malaysia, Myanmar and Vietnam to...
Apr 8, 2024


SG state investor Temasek adds two industry leaders to its board
Temasek Holdings has expanded its board with Tan Chong Meng starting 1 April 2024, and Geoffrey Wong joining on 10 May. These...
Apr 4, 2024


Bitkub seeks financial advisors for planned 2025 IPO
Bitkub Capital Group Holdings, Thailand’s leading crypto exchange owner, plans a 2025 IPO on the Stock Exchange of Thailand, according to...
Apr 3, 2024


VP Bank names new wealth management head for Hong Kong
Liechtenstein-based VP Bank has appointed Will Wang as the new head of wealth management for Hong Kong and chief representative for the...
Apr 1, 2024