Macquarie, which is mainly cutting vice presidents and some junior positions, will maintain an investment banking presence in 14 countries in Asia, one of the people said.
ANZ Bank currently employs 49,000 people globally, including about 24,000 in Australia, it said.
The appointments mark the further expansion of RAM’s executive and fund management structure, following the Firm’s recent acquisition of three emerging Europe funds from Griffin Capital Management, adding four new fund managers to RAM’s
Based in Hong Kong, he will lead sales strategy for State Street’s hedge fund servicing, real estate and private equity operations across the region and will work closely with client-facing teams to develop sales strategies for its alternative inves
He has been an analyst and portfolio manager at Australian Ethical for the past three years, holding previous roles at Mercer, Macquarie Bank, Credit Suisse and Mellon.
Credit Suisse, which said last year it would eliminate about 3,500 positions globally to reduce costs, has been cutting jobs at divisions including private banking in India.
He has been with the bank since 1998, moves from Taiwan, where he was president & CEO of Standard Chartered Bank Taiwan.
Harvey's regional role follows the appointment of David Fass, the former head of Deutsche Bank's European head of global banking division, by Macquarie as CEO Europe, Middle East and Africa in March last year.
Born in California, she was an outsider in the country of her heritage as and didn't speak fluent Japanese. She was also a woman and half the age of most men she worked with at Barclays de Zoete Wedd.