

Goldman Sachs appoints Jaehoon Ahn as co-country head for Korea
Goldman Sachs has named Jaehoon Ahn as the new co-country head and head of investment banking for Korea, effective mid-August. Ahn,...
Jul 23, 2024


HSBC appoints Georges Elhedery as new CEO from September
HSBC announced the appointment of Georges Elhedery as the new group CEO effective September 2, succeeding Noel Quinn, who will depart...
Jul 19, 2024


Raffles Family Office names new group COO
Raffles Family Office has appointed Terence Chow as its new Group COO, effective July 2. Chow, based in Hong Kong, will oversee the...
Jul 16, 2024


Barclays to triple wealth team in Asia, targets ultra-rich
Barclays plans to significantly expand its wealth management division in Asia, targeting ultra-rich clients and family offices in India...
Jul 11, 2024


HKMA hires external managers to handle assets
The Hong Kong Monetary Authority (HKMA) has outsourced the management of nearly 30 percent of the Exchange Fund assets, used to support...
Jul 11, 2024


Ping An Bank moves 100+ employees from Shanghai to Shenzhen
Ping An Bank is relocating over 100 Shanghai-based staff to its Shenzhen headquarters to cut costs amid China’s banking industry’s...
Jul 8, 2024


World Bank names new director to boost economic programmes in SE Asia
The World Bank announced Zafer Mustafaoglu as the new Country Director for the Philippines, Malaysia, and Brunei Darussalam, starting...
Jul 1, 2024


China’s financial giants enforce new pay cap for senior staff
China’s major financial conglomerates, including China Merchants Group, China Everbright Group, and Citic Group, have directed senior...
Jul 1, 2024


Barclays appoints new DPM head for Singapore operations
Barclays Private Bank has appointed Ong Shun Wei as the new head of Discretionary Portfolio Management (DPM) in Singapore, according to...
Jul 1, 2024


Standard Chartered expands investment management in Singapore
Standard Chartered has bolstered its discretionary portfolio management (DPM) and fixed income teams in Singapore with four strategic...
Jun 28, 2024


AI to displace more finance jobs than any other sector: Citi
Citigroup Inc. predicts artificial intelligence (AI) will displace more banking jobs than in any other sector, transforming consumer...
Jun 21, 2024


JPMorgan’s SE Asia M&A head joins Citigroup
JPMorgan Chase & Co.’s head of mergers and acquisitions for Southeast Asia, Johannes Roth, has left to join Citigroup Inc, according to...
Jun 13, 2024


UOB names new CEO of Thailand operations
UOB has announced the appointment of Richard Maloney as the new CEO of its Thailand operations starting July 1. Maloney, who joined UOB...
Jun 12, 2024


Standard Chartered launches first global management unit in Singapore
Standard Chartered has launched its first variable capital company (VCC), Standard Chartered Funds VCC (SC Fund), in Singapore. This new...
Jun 11, 2024


Bank of Singapore expands investment team, adding GIC veteran Ruivivar
OCBC’s Bank of Singapore has recruited Dr. Owi S. Ruivivar, formerly of the Singaporean sovereign wealth fund GIC, as chief portfolio...
Jun 5, 2024


BlackRock boosts private credit team in Singapore with new hire
Private credit is increasingly popular, prompting BlackRock to expand its non-bank lending by hiring Yik Ley Chan as the head of private...
Jun 5, 2024


Deutsche Bank’s DWS strengthens APAC presence with new CIO
Deutsche Bank’s asset management arm, DWS, has named Matthias Naumann as its chief investment officer for real estate in the Asia...
May 27, 2024


Citi names commercial bank head for Indonesia
Citibank’s commercial banking arm has hired former OCBC executive Edwin Pribadi to lead its Indonesia business. Pribadi will oversee all...
May 21, 2024


Deloitte, KPMG raise pay in Singapore to draw new accounting talent
Deloitte and KPMG are raising salaries in Singapore to attract talent to the accounting sector. Deloitte will increase starting pay by up...
May 15, 2024


MAS names Gan Kim Yong chairman of the board
The Monetary Authority of Singapore (MAS) announced that Gan Kim Yong, Minister for Trade and Industry, will be appointed chairman of the...
May 14, 2024







