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  • November 27, 2014
  • Last updated: 8:34am
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  1. Comment - Insight & Opinion - MY TAKE

    Is this the wild and wacky world of investment banking in Hong Kong?

    Posted Nov 06th 2014, 05:21am by Alex Lo

    ... Sanchez" is slang for a particularly unhygienic sex act. "[At] dinner at [a famous] steakhouse, an investment banking colleague showed up with two prostitutes and proceeded to hold a contest to see which of them could keep their hand on the famously hot plates the longest." A response from a businessinsider.com reader in investment banking wrote that the piece is total fiction. ...

  2. News - Asia - MYANMAR

    Myanmar gets its first investment bank

    Posted Oct 02nd 2012, 03:54pm by Associated Press in Yangon

    ... and four children to crumbling, tree-lined Yangon and opened Myanmar’s first-ever investment bank with US$1 million of his own money. This places him in sparse company. While many chatter about ... new employees, what an investment bank is. Decades of isolation have left Myanmar with a weak education system, feeble banks, questionable courts, uneven electricity supply, entrenched ...

  3. Business - Banking & Finance

    Exclusive: Investment bankers latest target of HSBC layoffs in Hong Kong

    Posted Oct 08th 2012, 06:08pm by George Chen, Ray Chan

    ... George Chen and Ray Chan HSBC quietly laid off some of its investment bankers in Hong Kong on Monday, as Europe’s biggest lender by assets continued to trim its non-traditional banking ... businesses and cut 30,000 jobs, or 10 per cent of its workforce, globally as part of plans to save US$3.5 billion a year in costs. But this latest round of layoffs in HSBC’s investment-banking ...

  4. News - Hong Kong - EMPLOYMENT

    Tough times for business graduates

    Posted Apr 30th 2013, 12:00am by Dennis Chong

    ... Dennis Chong dennis.chong@scmp.com Jobs with international investment banks are thin on the ground, HKU survey shows Tough times for business graduates Graduates with business degrees are facing the toughest time since the 2007-09 financial crisis in finding jobs with international investment banks. However, according to a University of Hong Kong employment survey, some other ...

  5. News - World - BRITAIN

    Britain's opposition leader Miliband warns Labour will break up banks

    Posted Oct 01st 2012, 12:00am by AFP

    ... party wins power at the next general election. Miliband, whose party enjoys a 10-point lead in the latest polls, told The Observer he would split the banks' "casino" investment ... retail and investment banks," he warned. Speaking ahead of the party's annual conference, which opened in Manchester yesterday, Miliband urged banks to focus less on "playing ...

  6. Business - Money - SUCCESSION

    Old family firms are ripe for the picking

    Posted Nov 09th 2012, 12:00am by George Chen

    ... Many investment banks and management consultancy firms have already pitched the idea to local family businesses for possible merger and acquisition (M&A) plans this year. "Taking ... continue next year. David Chin, head of UBS's Asia investment banking business, said there are plenty of firms in Hong Kong which could be taken private as the founders or the first-generation ...

  7. News - World - FINANCE

    Rich Russians flock to Cyprus to salvage their investments

    Posted Mar 24th 2013, 12:00am by GDN

    ... seeking news from the parliament in the capital, Nicosia. If the country's banks go bust, he stands to lose €58 million (HK$582.4 million) Where it came from, he declines to say. Many ... on a certain influential politician, who secretly harbours money in Cypriot banks." In Cyprus, there are fears that the loss in confidence will prompt wealthy Russians to withdraw their cash en ...

  8. News - China

    China's wealthy take 2.8tr yuan overseas- and it's expected to double

    Posted Mar 12th 2013, 10:34am by Amy Li

    ... gross domestic product that year, said  a report by the Boston Consulting Group and China Construction Bank. Hong Kong has attracted the largest number of these wealthy investors, followed ... That wealthy class holds 33 trillion yuan in total assets and has been diversifying investment in foreign countries to seek higher return, better protection and to meet immigration needs, said BCG ...

  9. News - China - CHINA BRIEFING

    Time to put spotlight on who banks hire

    Posted Apr 28th 2014, 05:02am by Wang Xiangwei

    ... personal wealth of more than one billion yuan (HK$1.25 billion). The reporter alleged that Song used his influence to get Yang hired at two Swiss investment banks, first at Credit Suisse, then later at UBS. Public records show that China Resources appeared to favour the two banks with more investment banking deals during the period when Yang worked there. Figures also show that after ...

  10. Business - Banking & Finance - BANKING

    Work stress blamed for JPMorgan banker's suicide in Hong Kong

    Posted Feb 20th 2014, 01:46am by Ray Chan

    ... of investment banking, which insiders say has worsened since regulators tightened rules in the wake of the global financial crisis. The pressure of front-line sales and trading jobs has spread through ... He jumped from the roof of the 30-storey Chater House after attempts to talk him down failed. "The best time to work at an investment bank has clearly passed," said Jimmy Lam, who ...




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