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Global Finance magazine has given Nguyen Thi Hong, Vietnam’s first female central bank governor, an A+ on its 2023 Central Banker Report Cards. Hong, 55, is one of only three central bank governors in the world that was rated A+ by the U.S.-based magazine.…
For the second time in weeks, Barclays bankers are leaving for UBS. Six investment bankers in the US are on the move. UBS appears to have found rich poaching grounds at Barclays, as it is hiring half a dozen investment bankers specializing in technology,…
As many as 30 bankers have left Goldman Sachs in Asia, as part of a global exercise to trim workers. Up to 30 investment bankers have left Goldman Sachs in Asia, sources said, across teams in equity capital markets, healthcare as well as technology, media and…
BNP Paribas Wealth Management has hired an ex-Credit Suisse banker to oversee the non-resident Indian market. Aditya Chauhan will join BNP Paribas Wealth Management as a market head for non-resident Indians (NRI), sources said, and he is expected to be…
Citi appoints a senior corporate banker for China, amid growing expansion in the mainland market. Luke Lu has been named head of corporates coverage for China, reporting to Citibank China CEO Christine Lam and APAC head of corporate banking Kaleem Rizvi. A…
The exit of Piero Novelli from UBS leaves its investment bank without its weightiest sponsor of deals for the super-rich. The trading business was and remains elementary within the big bank. When the 55-year-old Italian dealmaker leaves at the end of next…
Investment bankers at global banks in Asia will see lower bonuses this year due to a slump in dealmaking in the region. The bonus pool at UBS’ investment banking unit is 14 percent lower than 2019 for Asia ex-Japan, and 9 percent lower at Morgan Stanley. At…
Onshore China, and its rapidly growing billionaire population, is a target for most private banks in the region. UBS has arguably the best-established franchise in the competitive onshore market. Chinese regulators require foreign banks such as UBS to obtain…
