Senior staff unlikely to quit Chinese banks because of bonus crackdown

Senior staff unlikely to quit Chinese banks because of bonus crackdown

Don't expect a flood of high-level resignations now that China has followed countries like the UK and France in curbing bankers' bonuses. Chinese banks, trust companies and financial…

Daily Dispatches: court tells RBS ‘you can’t fire someone you’ve already retrenched’

Daily Dispatches: court tells RBS ‘you can’t fire someone you’ve already retrenched’

The day the Royal Bank of Scotland retrenched its trader, Mr Scott Cousins, it found out that he had sent e-mail messages containing confidential bank data to his…

Daily Dispatches: will China need to bail out its banks?

Daily Dispatches: will China need to bail out its banks?

China may be forced to bail out banks that made loans for local-government projects under the unprecedented stimulus program unleashed in 2008, according to Citigroup and Northwestern University's…

The revolving door of compliance hiring in China

The revolving door of compliance hiring in China

With international banks expanding their business in China and the local regulators placing more emphasis on compliance issues, demand for compliance professionals is on the rise. However, due…

Daily Dispatches: Bank of China plans overseas growth

Daily Dispatches: Bank of China plans overseas growth

The chairman of Bank of China, one of the country's biggest state-owned lenders, said he wants the bank to grow aggressively overseas but isn't interested in acquisitions, a…

Daily Dispatches: Goldman China chairman quits to set up PE fund

Daily Dispatches: Goldman China chairman quits to set up PE fund

One of Goldman Sachs' most senior China bankers has quit to follow in the footsteps of several former colleagues who left the group to establish mainland private equity…

Daily Dispatches: BSI hires 100 more from RBS

Daily Dispatches: BSI hires 100 more from RBS

BSI, the Swiss private bank, has hired more than 100 staff from the Singapore office of RBS Coutts, in one of the largest such transfers between industry rivals.…

Daily Dispatches: banks expect loans growth to slow

Daily Dispatches: banks expect loans growth to slow

Three leading mainland banks expect growth in loans to slow down this year in response to a government warning to lend prudently to avoid asset bubbles. (The Standard)…

ANZ and CBA hit the talent trail in China

ANZ and CBA hit the talent trail in China

ANZ and Commonwealth Bank of Australia (CBA) may have been slow off the starting block in the world's biggest emerging market, but recruiters say they are now aggressively…

My three-point career plan for the Year of the Tiger

My three-point career plan for the Year of the Tiger

It has now been four months since I started my new position in research in a second-tier Asian city. On a scale of one to 10, I rate…

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