This is the season of hiring and firing in Hong Kong's financial community.
Hundreds of junior-level jobs have been axed at several major international banks in the city so far this year. But it's a different story when it comes to top positions.Tuesday, 23 October, 2012, 3:57pm
Jefferies & Co has hired former China chairman and chief executive of Britain’s Royal Bank of Scotland (RBS) to help the New York-based firm expand its investment banking business in Asia, the world’s fastest growing economic region.16 Oct 2012 - 3:57pm
Banks and bankers are on the move in Hong Kong, searching for less expensive corporate and personal digs as the city's rents head ever higher.19 Oct 2012 - 12:05pm
Banks are shedding staff around the world to cut costs this year with the exception of the mainland, where several European lenders are hiring to support the expansion of their networks.
Three European banks - Britain's HSBC and Standard Chartered, and Germany's Deutsche Bank - are hiring people for various functions on the mainland, according to headhunting sources.15 Oct 2012 - 8:39am
I've often suggested the controversial idea that Beijing should consider re-privatising its big-four state-owned banks, as all of them still act largely like socialist-era policy lenders rather than the commercial-focused banks they were supposed to become after making IPOs starting in the mid-2000s.12 Oct 2012 - 1:49pm
Global banks that hoped to make Hong Kong a platform to win rich mainland clients are now under growing pressure after disappointing market performance to begin sacking staff to save costs.11 Oct 2012 - 8:58pm 1 comment
The withdrawal of Chinese banks from upcoming global banking summits in Japan shows that the territorial row between the two Asian economic powers is already taking its toll on international financial relations.4 Oct 2012 - 4:47am
Getting laid off sounds tough, but for a highly paid banker it is not always such a bad fate.
In the latest round of financial industry lay-offs that began over summer, hundreds of Asian-based jobs have been lost. The toll has been heavier in the United States and Europe.23 Oct 2012 - 4:03pm 1 comment
HSBC Holdings has been investigated by 11 US law enforcement agencies or regulators, and a US Senate panel for lapses in policing illicit financial transactions. Fines, penalties and a settlement could total US$1 billion or more.
Here is a look at the probes:26 Sep 2012 - 12:49pm
Deals may be drying up for bankers, but that is proving a boon for their spin doctors in Hong Kong and Shanghai.
As a financial journalist, I have been getting more and more invitations to events and pitches to do interviews.
When I asked public-relations people the reason for the sudden flurry, they pointed to two factors.9 Nov 2012 - 8:11pm
Profit growth at the top 10 listed mainland banks halved in the first six months compared with a year earlier, highlighting tougher operating conditions as lending profitability and fee income shrank in a weaker economy.21 Sep 2012 - 2:46am
Hong Kong's biggest insider trader and former Morgan Stanley managing director Du Jun lost his appeal against his conviction but had his jail term cut and fine sharply reduced.21 Sep 2012 - 4:03pm
Beijing took a small step towards liberalising its interest-rate regime in June, but the central bank is quietly signalling that further concrete steps will not be taken any time soon.21 Sep 2012 - 2:46am
A former chief financial officer with the Royal Bank of Scotland's China operations was recently questioned by police over suspected economic crimes.
According to three sources with knowledge of the matter, Edgar Zhi, formerly also of ABN Amro China, was investigated by police for alleged illegal actions, and it is unknown yet whether he had violated any Chinese laws.21 Sep 2012 - 3:02am
Hong Kong financiers are mourning the death of pioneering capital markets banker Patrick Thomas, a driving force in the local bond market, and founder of investment bank Oakreed Financial Services.21 Sep 2012 - 3:51pm