DBS building in FX

DBS building in FX

Deutsche Bank Singapore (DBS) has hired three marketers from UBS Singapore. The 'sting' is part of a wider forex build-up plan for DBS in Singapore. Confirming the move,…

Asia is engine of growth

Asia is engine of growth

"Our business is up 47% globally year on year ," says Mike Brennan, global managing director of recruitment firm Alexander Mann Financial Markets. He adds: "The Asian business…

Poaching rife in private banking sector

Poaching rife in private banking sector

Private bankers are being offered hefty premiums to move to Singapore. Bloomberg quotes one banker who says, "It's not uncommon to double your salary; now they're even offering…

Pictet and Clariden pursuing Asian expansion

Pictet and Clariden pursuing Asian expansion

Banks Pictet & Cie and Clariden are expanding their presence in Singapore and the Middle East. Pictet is hiring Arabic-speaking client relationship experts, and is also looking to…

RBS to build strategy and economics teams

RBS to build strategy and economics teams

The Royal Bank of Scotland is looking to beef up its Asian presence with new hires. John Richards joins RBS from Barclays Capital to take on the newly…

Hedge funds ditch Hong Kong for healthier climes

Hedge funds ditch Hong Kong for healthier climes

Hedge funds choking on smog in Hong Kong are moving to Singapore for the sake of their health. And the exodus could undermine the competitiveness of the territory's…

Goldman to double private banking business

Goldman to double private banking business

Goldman Sachs is looking to "dramatically" grow its private banking operations during the next five years, particularly in Europe, Asia and the Middle East (EMEA). According to the…

Asian hedge funds fishing for staff

Asian hedge funds fishing for staff

Recruiters say hedge funds in Asia are increasingly inviting outside applications for job vacancies, instead of filling openings using their own networks. "Big US funds such as Elliott…

SocGen targets Asian wealth management growth

SocGen targets Asian wealth management growth

The Asian private banking arm of Societe Generale is aiming to step up its expansion into the local wealth management markets of Japan, India and mainland China, after…

Daiwa launching in Singapore

Daiwa launching in Singapore

The new subsidiary will provide financial services and products to wealthy individuals in Asian countries. Doors will open in October.

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