

UOB announces leadership changes in global markets & its HK branch
UOB has announced the appointments of Kelvin Ng as the new head of group global markets and Adaline Zheng as CEO of its Hong Kong branch....
Mar 29, 2024


Natalie Craig named CEO of Cushman & Wakefield Singapore CEO
Cushman & Wakefield (C&W) has named Natalie Craig as its new CEO for Singapore, starting April 1, 2024. In her role, Craig will lead over...
Mar 29, 2024


Vietnam president resigns, risking investor confidence
Vietnam’s Communist Party has accepted President Vo Van Thuong’s resignation amid accusations of violating party rules and impacting...
Mar 22, 2024


China imposes lifetime securities ban on Evergrande founder
China’s securities regulator has imposed a lifetime ban from the securities market on Hui Ka-yan, the former chairman of China...
Mar 20, 2024


Fidelity International to cut Jobs in China amid market downturn
Fidelity International (FIL) is set to lay off 20 employees from its primary China business unit, marking a 16% reduction of its current...
Mar 20, 2024


JPMorgan to continue expansion in Hong Kong amid challenges
JPMorgan reaffirms its commitment to Hong Kong, planning to continue its century-long business and banking operations in the city,...
Mar 15, 2024


Citi names Lin Hai as new commercial banking head in China
Citi has named Lin Hai as the new head of its commercial banking division in China, the company confirmed. Lin brings over two decades of...
Mar 15, 2024


Franklin Templeton names Takashi Takamura as new Japan President
US investment firm Franklin Templeton has announced the appointment of Takashi Takamura as the new president and country head for its...
Mar 13, 2024


Philippines names new national treasurer and finance team
The Philippine Department of Finance (DOF) and the Bureau of the Treasury have been strengthened with the appointment of seasoned...
Mar 11, 2024


Citi’s CEO forecasts rise in banking fees, Q1 optimism
Citigroup CEO Jane Fraser anticipates a low-teens percentage increase in investment banking fees in Q1 versus Q4 2023, despite expecting...
Mar 7, 2024


Fidelity confirms 1,000 job cuts worldwide
Fidelity International plans to eliminate approximately 1,000 jobs worldwide, 9% of its workforce, in 2024 as part of a cost reduction...
Mar 7, 2024


Korean financial firms boost board diversity with more female directors
Korean financial giants are actively diversifying their boards, aligning with government inclusivity initiatives. Woori Financial Group...
Mar 5, 2024


Philippine life insurance association names new president
Richard S. Lim has been elected president of the Philippine Life Insurance Association, Inc. (PLIA) by its members, and officiated by...
Feb 29, 2024


Mirae Asset names Ryan O'Connor as CEO of Global X
Mirae Asset Global Investments has appointed Ryan O'Connor, previously with Goldman Sachs, as CEO of its ETF subsidiary, Global X,...
Feb 22, 2024


Investment bankers in HK earn significantly more than SG peers
Finance and tech professionals in Hong Kong outearn their counterparts in Singapore, according to a Bloomberg Intelligence report....
Feb 22, 2024


Citi appoints Joy Cheng as new HK commercial banking head
Citi has named Joy Cheng, a seasoned professional with over 30 years at the bank, as the new head of its Commercial Bank (CCB) in Hong...
Feb 19, 2024


Singapore’s middle managers fall short on compliance, study shows
A study by ethics and compliance advisory firm LRN revealed that Singapore’s middle managers lag in responding to compliance risks and...
Feb 15, 2024


Survey reveals hiring hesitation among South Korean firms
A recent survey by Incruit revealed that South Korean conglomerates are increasingly hesitant to finalise or are reducing their hiring...
Feb 12, 2024


Investment banking layoffs rise in Asia due to China challenges
Job cuts are anticipated to rise at Western investment banks in Asia due to increased revenue pressures and market instability in China,...
Feb 12, 2024


China removes head of securities regulator
China has appointed Wu Qing as the new head of its securities regulator, replacing Yi Huiman amid efforts to stabilise the nation’s stock...
Feb 9, 2024