Culture
Global central bankers defend Fed’s Powell after Trump threat
Central bankers fear that political influence over the Fed would erode trust in the bank’s commitment to its inflation target Central Bank…
Tag
Bankers
Culture
Inside Singapore’s AI bootcamp to retrain 35,000 bankers
The Government is working hand in glove with the country’s largest banks to teach new technology skills Kelvin Chiang knew the five…
Culture
Race for talent is on as bankers brace for IPO boom in Vietnam
Vietnam’s potential upgrade to emerging-market status by FTSE Russell in September has investment banks bulking up staff in anticipation…
Culture
Bankers groan at UK tax rise even as lenders rally after budget
New tax rates for dividends, property and savings income and a decision to tinker with the treatment of cash savings accounts added to the…
Culture
HSBC’s Swiss private bank boosts some bankers pay to stem exits
The Swiss arm has been increasing compensation of staff, including relationship managers HSBC Holdings’ Swiss private bank is boosting the…
Culture
Former Citi, Julius Baer bankers to plead guilty in S$3 billion money laundering scandal
TWO former bankers at Citigroup and Julius Baer Group are set to plead guilty for their alleged roles in aiding the movement of illicit…
Culture
Goldman Sachs loses senior bankers after leadership reshuffles, dealmaking pause
Despite the departures, Goldman still tops Wall Street’s league tables for mergers and acquisitions Goldman Sachs has lost more than a…
Culture
Westpac to hire hundreds of bankers in business lending push
It’s expanding this presence with three new service centres in regional New South Wales, Victoria and Tasmania Westpac Banking plans to…
Culture
ANZ bankers learn about job losses after e-mail error: report
The Melbourne-based bank is in the midst of a major restructure under new chief executive officer Nuno Matos Some ANZ Group Holdings…
Culture
Wall Street hires more senior bankers as growing confidence spurs deal rebound
Wall Street banks have hired dozens of senior executives in recent months, as improved economic sentiment has spurred mergers and IPOs…
Culture
US Fed’s Jackson Hole exposes hard road ahead for central bankers
The US Federal Reserve’s annual gathering in the Rocky Mountains is usually a time for central bankers and their wonky friends to kick…
Culture
Junior bankers win up to 30% pay hikes in Hong Kong deals boom
Citic Securities and other Chinese brokers are raising pay levels again for junior bankers in Hong Kong to boost retention and handle a…
Culture
Citi targets Middle East ultra-rich with push to hire private bankers
Citigroup’s private bank is planning a hiring drive for the Middle East region as part of the Wall Street giant’s global expansion of its…
Culture
Citi joins Goldman in asking junior bankers to reveal if they accepted other jobs
Citigroup’s move echoes steps by other investment banks to dissuade analysts from leaving after short stints Citigroup is asking its new…
Culture
Julius Baer seeks to cut bonuses of bankers with risky books: sources
The move comes as the Swiss lender’s top management seek to reset and put the bank on a path for growth after a string of missteps Julius…
Culture
Veteran bankers Eric Tham and Tan Jeh Wuan to join board of Raffles Medical’s insurance unit
VETERAN bankers Eric Tham and Tan Jeh Wuan have been designated to the board of Raffles Health Insurance as non-executive and independent…
Fashion
Asia-Pacific bankers expect their 2025 bonuses to jump 52.3%: survey
FINANCIAL service professionals in Asia-Pacific are one of the most optimistic about their bonuses in 2025, with expectations that it will…
Culture
Europe’s loan bankers pin hopes on M&A revival to boost volumes
REFINANCINGS helped bolster European loan volumes in 2024 but with mergers and acquisitions looking like they’re finally picking up,…
Culture
Bankers can expect a bumper bonus after standout year, but hopefully it won’t be an obscene sum
Bank profits hit all-time highs for the first nine months of 2024, with their share prices reaching multi-year peaks DECEMBER conjures up…
Fashion
DBS hires private bankers for rich Russians as rivals baulk
DBS has beefed up its wealth management team to cater to rich Russians at a time when many global rivals are staying away from the…
Fashion
UBS cuts four loan bankers in Singapore, Hong Kong as deal flow slows
UBS Group cut four loan syndication bankers in Asia, according to people familiar with the matter, as elevated funding costs cast a pall…
Fashion
Bankers need to be curious to navigate the shifting energy landscape: DBS’ Kelvin Wong
Industry players are increasingly concerned about storage and grid capacities, says the lender’s head of energy, renewables and…
Fashion
Bankers need grit to navigate the shifting energy landscape: DBS’ Kelvin Wong
Industry players are increasingly concerned about storage and grid capacities, says the lender’s head of energy, renewables and…