Cathy Chan
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Nomura Reshuffles Asia Investment Bank, Cuts Jobs In Slump
Nomura Holdings Inc. is reshuffling its Asia investment-banking team and cutting jobs in an effort to reduce costs amid a deals slump in China and Hong Kong.
- Wednesday July 17, 2024
- Author: Cathy Chan, Pei Li
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Nomura Reshuffles Asia Investment Bank, Cuts Jobs In Slump
Nomura Holdings Inc. is reshuffling its Asia investment-banking team and cutting jobs in an effort to reduce costs amid a deals slump in China and Hong Kong.
- Wednesday July 17, 2024
- Author: Cathy Chan, Pei Li
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Goldman Names New India Investment Banking Heads To Tap Growth
Sudarshan Ramakrishnan and Devarajan Nambakam were named co-heads to drive growth across industries and broaden client relationships.
- Monday July 15, 2024
- Author: Cathy Chan
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Morgan Stanley Is Planning Biggest China Job Cuts In Years
Morgan Stanley plans to start cutting about 50 investment-banking jobs in the Asia-Pacific region this week, with at least 80% of the reductions in Hong Kong and China, people familiar with the matter said.
- Wednesday April 17, 2024
- Author: Cathy Chan
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Morgan Stanley Is Planning Biggest China Job Cuts In Years
Morgan Stanley plans to start cutting about 50 investment-banking jobs in the Asia-Pacific region this week, with at least 80% of the reductions in Hong Kong and China, people familiar with the matter said.
- Wednesday April 17, 2024
- Author: Cathy Chan
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UBS Weighs Credit Suisse China Stake Swap With Beijing Government
Chinese billionaire Jack Ma-backed Ant Group Co. has been vying with Ken Griffin’s Citadel Securities LLC in the two-month long bidding process.
- Tuesday April 9, 2024
- Author: Cathy Chan
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UBS Weighs Credit Suisse China Stake Swap With Beijing Government
Chinese billionaire Jack Ma-backed Ant Group Co. has been vying with Ken Griffin’s Citadel Securities LLC in the two-month long bidding process.
- Tuesday April 9, 2024
- Author: Cathy Chan
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Jack Ma-Backed Ant Outbids Citadel Securities For Credit Suisse’s China JV
Jack Ma-backed fintech giant said to seek securities operation. Deal faces regulatory scrutiny as China prefers foreign buyer.
- Monday February 26, 2024
- Author: Cathy Chan, Dong Cao
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Jack Ma-Backed Ant Outbids Citadel Securities For Credit Suisse’s China JV
Jack Ma-backed fintech giant said to seek securities operation. Deal faces regulatory scrutiny as China prefers foreign buyer.
- Monday February 26, 2024
- Author: Cathy Chan, Dong Cao
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Star China Banker’s Disappearance Made His Firm a Buyout Target
About a year after Bao Fan disappeared from public view, his boutique Chinese investment bank is shrinking and being circled by rivals.
- Wednesday February 7, 2024
- Author: Cathy Chan
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UBS Weighs Cutting About 90 Jobs At Asia Wealth, Bank Teams
UBS Group AG is looking to cut about 90 jobs in Asia private wealth and investment banking in March as China’s stock market rout and a slump in dealmaking have eroded revenue, people familiar with the matter said.
- Thursday February 1, 2024
- Author: Cathy Chan
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Top Banker Pay Sinks Below $1 Million In Asia As Bonuses Vanish
At least 20% of managing directors at banks including Morgan Stanley and UBS Group AG, received no bonuses last year.
- Thursday January 25, 2024
- Author: Cathy Chan
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HSBC Cuts At Least Four Bank Jobs In Hong Kong As Deals Dry Up
The bank cut staff within its commercial banking origination unit for Greater China.
- Wednesday December 6, 2023
- Author: Denise Wee, Cathy Chan, Manuel Baigorri
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HSBC Cuts At Least Four Bank Jobs In Hong Kong As Deals Dry Up
The bank cut staff within its commercial banking origination unit for Greater China.
- Wednesday December 6, 2023
- Author: Denise Wee, Cathy Chan, Manuel Baigorri
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Carlyle Exits China McDonald’s Stake With 6.7 Times Return
McDonald’s offer for Carlyle’s stake trumped an earlier sale plan.
- Tuesday November 21, 2023
- Author: Cathy Chan