Bankers
Goldman Sachs scraps EU-era bonus cap for top bankers in UK: source
GOLDMAN Sachs has removed the cap on bonuses for its top bankers in the UK, according to a source familiar with the matter, months after the country axed the...
Private credit is disrupting Hong Kong bankers’ cosy lives
THE arrival of private credit in Hong Kong is posing an existential threat to some of the city’s finance circles.Banks are tiptoeing into job cuts. The number of people employed...
Hong Kong bankers face more job cuts on China slowdown, high pay
HONG Kong investment bankers could face more job cuts as the slowdown in China deals persists and employers look to trim highly compensated staff, according to Bloomberg Intelligence.An estimated...
HSBC cuts a dozen investment bankers in Asia on deals slump
HSBC Holdings has started a new round of job cuts at its Asia investment bank amid a slump in dealmaking across the region, according to people familiar with the...
Bankers find one bright spot in Hong Kong as buyouts multiply
A SLOWDOWN in dealmaking activity has left bankers in Hong Kong scrapping for business, yet one area is buzzing: buyouts of companies listed on the city’s stock exchange.The latest...
Bankers in Europe push back as ECB conducts new ESG risk review
THE European Banking Federation (EBF) says lenders in the region won’t be able to compete with their US rivals if regulators continue to pile on environmental, social, and governance (ESG)...
Once high-flying bankers in Hong Kong become a lost generation
WHEN Eric Li lost his job after his family-office employer relocated away from Hong Kong, he knew he would be facing a tough job market. He had no idea...
Citi cuts London investment bankers as drought in deals persists
CITIGROUP is cutting jobs within its investment banking division in London, becoming the latest Wall Street giant to trim headcount as the slump in global dealmaking enters its third...
