Norway's DNB shuts Singapore equity research

"Equity research is being discontinued in Singapore but selected names will still be covered by our research analysts based in Norway," said Joachim Skorge, regional head of Asia and managing director for investment banking at DNB.


HSBC unlikely to absorb all RBS staff in India

Scores of staff at the Indian unit of Royal Bank of Scotland are staring at the spectre of a job loss with HSBC unlikely to absorb all staff as anticipated at the time it agreed to buy the local assets of the UK state-owned bank, said three people familia


RBS poaches another Australian banking boss

The head of Commonwealth Bank of Australia's (CBA.AU) group retail banking services has resigned to take over as the chief executive of U.K. retail at the Royal Bank of Scotland.


UnionBanCal Corporation and Union Bank Appoint New Chairman

Mr. Morimura will assume his new role in addition to his current role as Deputy President and Chief Executive of the Global Business Unit for The Bank of Tokyo-Mitsubishi UFJ, Ltd. Mr. Morimura was formerly President and CEO of Union Bank, from 2005 to 20


MMADX names new executive director

He joins MMADX from the National Australia Bank where he was global chief operating officer, global markets, leading the business in Australia, the UK, USA, New Zealand and Asia.


CBA Names ECM Head

He was among 10% of RBS staff who elected to take redundancies or were not offered roles following the US$140 million sale of cash equities and associated businesses to Malaysia’s CIMB Group Holdings last month.


BNY Mellon Appoints Chief Information Officer

Currently CIO for the company's Financial Markets and Treasury Services businesses, as well as its Pershing LLC unit, Kumar is a member of the company's global Operating Committee


Lai Wan joins Public Bank board

Lai has 39 years of experience in the banking and finance industry. He had served Bank Negara Malaysia for 20 years, rising to be the bank examination department's deputy manager before leaving the central bank in 1985.


Acadian appoints new CEO

Prior to joining Acadian he was a senior business development manager at MLC Implemented Consulting


Jones Lang India CEO quits

According to sources in the know, Dutt, former joint managing director at Cushman & Wakefield, is joining hands with Nipun Sahni, former head of global commercia, real estate, India, at Bank of India Merril Lynch, to launch the fund.