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Citibank has kick started a global review of its media agency relations, with Hong Kong to be part of the tender process. Citibank’s incumbent media agency in Hong Kong is MEC, a partnership that has spanned more than 10 years. A spokesperson from MEC confirmed to Marketing that the Hong Kong office has received a heads-up from Cit...
Agricultural Bank of China Ltd., the first of the nation’s biggest lenders to report fourth-quarter earnings, posted an unexpected decline in profit as net fee income fell and bad-loan provisions swelled. Profit was 27 billion yuan ($4.4 billion) in the three months ended Dec. 31, down from 28.3 billion yuan a year earlier, a Hong K...
Goldman Sachs has promoted Stephen Wong to chairman of investment banking in Hong Kong, according to an internal memo seen by FinanceAsia on Wednesday, after the US investment bank landed a string of high-profile deals and further integrated its China teams. Wong was previously Goldman Sachs's head of coverage for Hong Kong inve...
Private banking in Singapore and Hong Kong is a hot sector for pay rises, chunky bonuses and expanding headcounts. But there’s a major obstacle for many Asian relationship managers looking for their next private banking job: too many of their clients won’t move their assets over and the new bank won’t hire them as a resu...
If you’re an Asian finance professional pondering which new skills to learn or which training courses to complete in 2015, it pays to prioritise those that are most sought after by banks in the region. You stand a much better chance of securing a promotion or career change next year if you can improve your skills to suit your bank&r...
Consult DB is a boutique search firm that provides professional recruitment services across a broad range of sectors with a major focus in the banking and finance industry. ConsultDB takes on a wholly unparalleled approach in the process of sourcing top-tier management talents for some of the world's most recognized brands.Empowered b...
A strong and broad-based demand for staff has continued to drive the upturn, the bank's latest jobs report found. But a sharp drop in the number of candidates for vacancies has been described as a "cause for concern", having fallen continuously since early 2012. Donald MacRae, chief economist at Bank of Scotland, said: &qu...