Merrill Lynch bankers seek new posts

A scramble for jobs has started ahead of the merger with Julius Baer, which is complicated by sector lay-offs due to the economic climate


CFSGAM makes four new hires

Colonial First State Global Asset Management (CFSGAM) has made four new hires to the listed property securities team


HSBC Securities Services expands broker dealer outsourcing team

The expansion seeks to take better advantage of the continuing trend of financial institutions clients moving to an outsource model. HSBC currently offers broker outsourcing services in Hong Kong, Japan, Singapore, Australia and Thailand and is extending


CIMB Hires CLSA’s Head of Energy

He will fill a gap created in April by former RBS head of energy and utilities research Jason Mabee, who is now part of Alinta Energy’s strategy and planning team.


Credit Suisse, UBS could cut a total 7,000 jobs

UBS is to cut 3,000-5,000 jobs as part of cost-saving measures to offset falling profit, while rival Swiss bank Credit Suisse may announce 1,000-2,000 cuts, Der Sonntag newspaper reported.