Structural market changes and the onset of Mifid II are driving a move to online bond trading, even in Asia.
Neil Harvey will focus on institutional and ultra-rich clients in Asia as well as retain his group co-CEO role for Greater China.
MalaysiaÆs Securities Commission grants Goldman Sachs licenses for fund management and corporate finance.
Investment banking drives losses at UBS, while wealth and asset management report large net new money outflows. Cash bonuses to investment bankers are reduced by 95%.
As the former Hong Kong investment bank becomes fully integrated into BNP Paribas, the well-known name is erased from the logo.
Ignasius Jonan departs Bahana and returns to Citigroup.