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HSBC CEO Noel Quinn is retiring after five intense years. Quinn stated, “It’s now the right time for me to achieve a better balance between…

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GS and BofA shareholders voted against proposals to divide the CEO and Chairman roles at both banks, bucking pressure from influential proxy advisers to…

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Asian stocks fell after US shares closed lower overnight. The yen was in focus following a six-day slump which ratcheted up the risk of intervention. The…

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The yen capped its longest losing streak since Mar’24, ramping up the risk that Japanese officials will once again step in to prop up the currency. The…

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SK’s central bank & finance ministry agreed with the NPS to expand the size of a currency swap deal, as the won weakened to a 2mth low. The size…

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Northern Trust AM has appointed Naoto Komoro as Head of its Japan office. Komoro will continue performing his current role as Head of the institutional…

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Lazard is weighing several opportunities to acquire a private-credit firm that would help expand its $250bn AM arm, becoming the latest WSB to seek inroads…

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Former Millennium Asia executive Jonathan Xiong’s new HF pod-shop has signed up CPPIB & a unit of SG’s Temasek Holdings as additional backers….

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Alex Chang, previously a PB at EFG, has joined Aspenwood Capital a PE investment firm as a Managing Partner. Chang, based in HK, has transitioned to this…

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Once flush with cash, China’s consumer start-ups are finding themselves in a fundraising dry spell. Investment into the sector by China-focused venture…

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DB is expanding its team in the ME, having recently hired seven PBs for its Dubai & Saudi Arabia branches, with 3 more set to join soon. In July’24,…

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China’s banking regulator has given small banks a ‘26 deadline to stop selling WM products unless they have a separate wealth subsidiary in a bid…

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