HK
Company: Commonwealth Bank
Daily Dispatches: Further cuts at Bank of America; ANZ sees profits climb
Bank of America is expected to cut 300 jobs in investment banking and capital markets. (Reuters) ANZ’s first-half profit rose by 10 per cent – thanks to an increase in income from its offshore businesses. (Bloomberg Businessweek) “Not surprisingly, the so-called Big Four – Westpac, Australian & New Zealand Banking Group, Commonwealth Bank of Australia and [...]
Daily Dispatches: If you want overseas work experience, Singapore beats Hong Kong
Financial professionals love Singapore for overseas work experience, according to our own poll. (Channel NewsAsia) And the Republic has low unemployment, according to a Ministry of Manpower survey. (asiaone) The UK government now likes ring-fencing. (The Economist) Japanese firms grapple with the post-expat exodus by seeking local hires, but here’s why that talent quest is [...]
Banks are open and interviewing in Tokyo but recruitment will take weeks to recover
Most banks in Tokyo are open this week and some are even carrying out job interviews, despite the devastation in coastal Japan and the nightmare surrounding the Fukushima nuclear plant. The Wall Street Journal reports that it’s business as usual for 16 major foreign banks in the city. Bloomberg says JP Morgan and Credit Suisse [...]
Daily Dispatches: ANZ aims to add 80 in HK
ANZ aims to add as many as 80 people to its Hong Kong currency team as the bank expands its business in Asia. (Bloomberg) Bank of America Merrill Lynch’s Australian unit has hired Chad Karpes from Royal Bank of Scotland Group to head its Australian dollar bond syndicate. (The Australian) Fair Work Australia has found [...]
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 taking on talent in a bid to catch up with more established foreign banks in China. ANZ, which last year opened its first rural branch in Chongqing, [...]
Daily Dispatches: HSBC targets the mid market
HSBC is targeting the growing “mid-market” segment in Hong Kong and a number of countries as one of its profit growth drivers. (The Standard) Temasek Holdings, Singapore’s state investment firm, is setting up a wholly owned multibillion dollar investment company with its own money, three people with knowledge of the matter said. Seatown Holdings International [...]
Daily Dispatches: ANZ’s $15m makeover
ANZ’s new brand and logo go public today, a human shape that aims to counter the image that banks are impersonal and out of touch with their customers. After undertaking a record amount of research – 1550 interviews in seven countries in three successive waves – the bank is ready to push the button on [...]
Daily Dispatches: BNP China poaches from Merrill
BNP Paribas has appointed Margaret Ren, a star China banker and a relative of China’s former premier, as chairwoman and chief executive of its corporate finance for greater China. Ren, a former managing director and chairwoman of China investment banking at Merrill Lynch, will report to Christian de Charnace, BNP Paribas head of corporate finance [...]
Follow eFinancialCareers
What is RSS?
