StanChart suffers Asia private banker exits, boosts Mideast staff: sources

Standard Chartered PLC has seen the departure of at least four senior Asia-based bankers from its private banking unit in recent months, three people with direct knowledge of the matter said, amid growing earnings pressure at the business......»»

Several global banks including Citigroup and Standard Chartered have asked their private banking staff to postpone or reconsider travel to China after authorities there prevented a UBS banker from leaving the country, sources said......»»

Global banks including Citigroup and Standard Chartered have asked their private banking staff to postpone or reconsider travel to China after authorities there prevented a UBS banker from leaving the country, sources said......»»

DBS , Southeast Asia's largest bank, said it would almost double its Dubai private banking staff in its bid to triple revenue for those operations in the Middle East by 2023, capitalizing on a shift of investments towards Asia......»»

Unspent capital is piling up in Asia as IPO flops and U.S.-China tensions block the exits for investors......»»

Nissan's former boss and international fugitive Carlos Ghosn is said to have been smuggled out of Japan by an undisclosed private security company. Reuters sources say he was personally received by Lebanon's own president after arriving in the Mideast......»»

Global private equity group KKR & Co Inc is targeting a record $15 billion for a new Asia-focused buyout fund, three sources with knowledge of the plan told Reuters......»»

HONG KONG (Reuters) - Carlyle Group is set to close its biggest-ever Asia private equity fund at $6.5 billion, people with direct knowledge of matter said, in a deal that adds to the record levels of funds seeking deals in the region......»»

A resurgence of COVID-19 infections in India and Southeast Asia, as well as a spike in confirmed cases in Taiwan, may cast clouds on the IC market outlook this year, according to industry sources......»»

Apple Slashes AirPods Production As Sales Fizzle  Sources in the supply chain told Nikkei Asia that Apple had slashed AirPods production by 25% to 3.....»»

Banking giant JPMorgan Chase is preparing to offer its private wealth clients an actively managed bitcoin fund, Coindesk reported on Monday, citing sources. That fund.....»»

Top finance news: investment banker WFH burnout, Goldman exits, summer interns starting virtual at Morgan Stanley, hedge fund performance roundup. Hello, readers!Happy Saturday, and welcome to Insider Finance......»»

Boston Scientific Corp. announced Wednesday an agreement to buy the global surgical business of Lumenis LTD for $1.07 billion in cash from Baring Private Equity Asia. The medical technology company sai.....»»

When people hear the term “private banker,” they think of the individual they work with at their local branch to conduct their personal banking business. And while private b.....»»

Taiwan-based CCL equipment supplier Asia Metal Industries (AMI) has seen clear order visibility for its main product lines - vertical CCL treating machines and horizontal laminating machines - throughout at least 2021, according to industry sources......»»

President Donald Trump and the first lady are expected to relocate to the family's Mar-a-Lago resort once Joe Biden takes office on January 20. President Don.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

See the rest of the story here. Theflyonthewall.com provides the latest financial news as it breaks. Known as a leader in market intelligence, The Fl.....»»

United Airlines Holdings Inc has told staff that it only has work for about 3,000 of its about 25,000 flight attendants in June, sources said, and warned of job losses if demand does not recover by the time government payroll aid expires in the fall......»»