

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


Singapore’s GIC announces major leadership overhaul
Singapore’s sovereign wealth fund GIC announced a major leadership reshuffle, promoting Sam Kim to COO and Bryan Yeo to deputy group...
Feb 8, 2024


Global banks in Asia cut jobs, slash salaries as deal drought continues
HSBC and Hang Seng Bank plan to freeze senior executive salaries amid economic concerns, while considering modest increases for other...
Feb 7, 2024


Mark Leung steps down as JPMorgan China chief in 2024
Mark Leung, the China CEO of JPMorgan Chase & Co., is set to retire at the end of 2024 after a 25-year tenure with the bank. During his...
Feb 6, 2024


Samsung chief Lee Jae-yong acquitted in controversial merger case
Samsung Electronics’ head Lee Jae-yong was acquitted by a South Korean court regarding allegations linked to a 2015 merger, according to...
Feb 6, 2024


UBS to reduce jobs in Asia amid market challenges
UBS Group AG plans to cut approximately 90 jobs in its Asia private wealth and investment banking sectors by March, responding to the...
Feb 2, 2024


Citigroup appoints Luke Lu as China country officer in strategic reshuffle
Citigroup has announced Luke Lu as the new country officer and head of banking for China, part of a global restructuring aimed at...
Feb 1, 2024


UBS asset management head in China departs
Min Huang, the former head of asset management for Credit Suisse in Asia Pacific, is leaving UBS as the bank reviews its China business...
Jan 30, 2024


OCBC appoints veteran banker Tan to lead China corporate banking
OCBC Bank has appointed Seth Tan as the new head of corporate banking for its China unit, succeeding Ang Eng Siong, who became OCBC...
Jan 22, 2024


Pru Life UK names new Philippines CEO
Pru Life UK, a major player in the Philippines’ life insurance industry, has appointed Sanjay Chakrabarty as its new CEO, effective...
Jan 15, 2024







