Morgan Stanley, HSBC cutting dozens of Asia investment banking jobs as deals slumpThe cuts are one the largest to its China-focused investment banking team and follow similar measures by other banks also stung by decline ...
17 Apr, 2024, 01.48 PM IST
UBS to cut hundreds of wealth jobs in Asia as activity slowsUBS Group AG is cutting several hundred wealth jobs in Asia as a result of muted client activity and China's slowing economy. The bank has ...
11 Sep, 2023, 03.58 PM IST
UBS to start Credit Suisse Asia investment banking job cuts in July: SourcesUBS completed its emergency takeover of embattled rival Credit Suisse last week, forging a Swiss banking and wealth management giant with a...
21 Jun, 2023, 04.53 PM IST
UBS tells employees: Don't divulge business secrets to your Credit Suisse colleaguesUBS hasn’t detailed how many jobs may be at stake from the merger, though it indicated the number will be significant. The firm said in a s...
20 Mar, 2023, 10.03 PM IST
Credit Suisse’s 9,000 job cuts are foretaste of UBS takeoverUBS Chairman Colm Kelleher said it’s too soon to know a job-cut number, but UBS indicated it will be significant. The firm said in a statem...
20 Mar, 2023, 07.47 AM IST
India vulnerable to higher Fed rates, says UBS. Next two weeks seen crucialUS Federal Reserve will announce policy decision and quarterly interest-rate projections on March 22.. After hot recent economic data, some...
07 Mar, 2023, 01.57 PM IST
Barclays plots Asia revival with strategic hires after hiatusThe bank -- which is benefiting from a boom in deals and trading along with its Wall Street rivals -- is seeking to rebuild in some of the ...
09 Dec, 2021, 06.46 AM IST
- Our wealthy clients, with $1.6tn, are keen on India: Aashish Kamat, CEO, UBS INDIA
UBS India CEO Aashish Kamat, who has also donned the firefighter’s helmet, said the global shake-up will have no material impact on the Ind...
06 Nov, 2012, 12.00 PM IST
UK Tribunal ruling on UBS brings rich Indians under lensThe tribunal ruling has deepened suspicions of sharp practices that wealthy Indians and local business houses often indulge in.
31 May, 2012, 04.39 AM IST
Bank of America Merrill Lynch to lay off 15 MDs in Asia: ReportBank of America Merrill Lynch aims to cut about a fifth or about 15 of its total managing directors in Asia as part of a reshuffle at the t...
10 Jan, 2012, 05.32 PM IST
- HSBC to axe 10,000 people outside UK: Report
HSBC, headquartered in London, will reportedly remove at least 10,000 people from their jobs, a TV news channel said on Sunday.
31 Jul, 2011, 08.52 PM IST
- UBS i-bank chief sacked
UBS, the European bank with the largest losses from the credit crisis, replaced Jerker Johansson as head of its investment bank as chief ex...
28 Apr, 2009, 03.04 AM IST
HSBC lays off 100 private bankersHSBC said it had laid off 100 private bankers in Hong Kong as demand has shrunk.
21 Apr, 2009, 05.13 PM IST
- Global bank majors optimistic about Indian market
Banking sources say leading banks like UBS to ANZ are going ahead with expansion plans in India. 2008: Year of global financial crisis I To...
06 Oct, 2008, 08.03 AM IST
- UBS to shut US unit as sub-prime crisis bites
UBS, Europe’s biggest bank, will shut its US fixed-income principal finance unit as part of plans to reduce risk-taking after writing down ...
19 Jan, 2008, 12.00 AM IST
- Morgan Stanley's Asia CEO Hans Schuettler resigns
Morgan Stanley’s Asia CEO Hans Schuettler resigned for personal reasons after less than two years on the job, the company said.
19 Jan, 2008, 12.00 AM IST
- Job hops: curbs likely on Asian bankers
Citibank is suing six former employees in Singapore who defected to UBS earlier this year.
25 Oct, 2006, 11.53 AM IST