Bankers
Bankers charged by Singapore were stars of race for China’s rich
LESS than two years out of college, Wang Qiming was making waves within Citibank Singapore by bringing in millions in deposits from his rich clients.
At Swiss private bank Julius...
Ex-Citi, Julius Baer bankers charged in money laundering case were stars in the race for China’s rich
LESS than two years out of college, Wang Qiming was making waves within Citibank Singapore by bringing in millions in deposits from his rich clients.
At Swiss private bank Julius...
Citigroup lifts pre-Brexit cap on top London bankers’ bonuses
CITIGROUP is lifting the limit on some of its top UK bankers’ and traders’ bonuses, following in the footsteps of rivals like JPMorgan Chas and Barclays.
The change will...
India’s biggest lender deploys 2,000 bankers to woo the wealthy
STATE Bank of India (SBI), the country’s largest lender, is making a renewed push into wealth management as the number of people getting richer surges.The bank’s wealth management unit...
Morgan Stanley traders, bankers top estimates as wealth lags
MORGAN Stanley’s traders joined the party across Wall Street in the second quarter even as the firm’s larger wealth business fell short of expectations.
The bank’s trading business posted the...
HSBC is making a Middle East wealth push after hiring 100 bankers
HSBC Holdings is courting private bankers as it seeks to expand its business of catering to the growing number of millionaires and billionaires moving to the Middle East. The...
Bankers need to learn to deal with ambiguity to navigate rising uncertainty: HSBC’s Ashmita Acharya
IN AN increasingly uncertain world, being able to deal with ambiguity can help navigate challenges and ever-changing trends, said Ashmita Acharya, head of wealth and personal banking at HSBC...
UBS weighs bonus for investment bankers who refer rich clients
UBS Group is considering introducing a reward system for investment bankers who refer clients to the firm’s wealth management business, according to sources with knowledge of the matter.Some bankers...