Company: Aon

Will Nomura bankers go West?

What would you choose: Japanese-style job security or American performance-rated pay? Nomura Securities, following its takeover of Lehman Brothers’ Asian units last year, is giving staff in Japan a choice of East v West. Employees there can either stick with their current arrangements, which have traditionally offered stable employment, or they can sign up for [...]

Phantom equity comes to the finance sector

UBS is considering revising its employee incentive system and introducing a “phantom equity” programme for its three business lines: asset management, investment banking and wealth management. Under this scheme, the rewards of investment bankers and wealth managers would be more closely tied to how well their specific businesses perform. It’s a concept that could be [...]

How to snag a SWF job

With investment banks writing down billions of dollars, snagging a senior position at a sovereign wealth fund (SWF) in Asia becoming an attractive option. How might you land yourself such a coveted job? Senior recruits typically possess private equity, fund management, risk management, compliance or asset management backgrounds, suggests Gary Lai, manager of front office [...]

Who wants to be chief exec of DBS?

DBS Bank is still looking to fill its CEO spot. Whoever steps into the role will have a big influence on its investment bank. Banking sources say the appointment, expected in the first quarter, could come as early as 15 Feb when DBS reports its full-year results. The frontrunners are Mike DeNoma, group executive director [...]