Listen to this article in summarized format Tired of too many ads? Remove Ads While post‑bonus job moves are common in banking, a resurgence in Asia-Pacific deals is sparking a fresh wave of poaching among the world’s largest investment banks. Departures ... See more
(March 4): Blackstone Inc’s talks with New World Development Co have hit a roadblock because the billionaire family that runs the cash-strapped Hong Kong developer is reluctant to give up control, people familiar with the matter said. Blackstone has propo... See more
(Jan 26): Morgan Stanley is pushing to expand its footprint in Asia, betting on a more favourable business outlook and growing opportunities in deregulated economies, according to Gokul Laroia, the firm’s chief executive officer for the region. Speaking i... See more
(Jan 13): Morgan Stanley increased bonuses by about 20% for bankers in Asia after the firm closed in on a record US$10 billion (RM40.56 billion) in revenue from the region last year, people familiar with the matter said. Revenue jumped on outsized gains i... See more
(Jan 7): UBS Group AG’s Eric Lafon has left the Swiss lender after more than 25 years in one of the most senior departures at its Asia global markets division, according to people familiar with the matter. Lafon, the global co-head of distribution in Sing... See more
