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Saturday, 17 August 2019

People & Markets

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  • JP Morgan's Vanstone to join NAB

    National Australia Bank has poached Natalie Vanstone from JP Morgan to fill a senior position in its markets division.

  • Care Ratings: CEO placed on leave

    India’s Care Ratings has put it managing director and chief executive on leave after the market regulator received an anonymous complaint, according to a release from the rating agency.

  • Veteran economist Jerram leaves Bank of Singapore

    Veteran economist Richard Jerram has left his post as chief economist at Bank of Singapore after more than eight years.

  • Jefferies hires Slone in Asia push

    Jefferies hires Slone in Asia push

    Jefferies has appointed Jonathan Slone as Asia chairman, bagging the biggest scalp so far in its ongoing raid on former CLSA staff.

  • SGX targets new economy listings

    SGX targets new economy listings

    One year after Singapore revamped its listing rules to accommodate companies with weighted voting rights, it is still waiting for its first issuer.

  • AMP shelves life insurance sale

    Australian wealth manager AMP said it would likely pull the A$3.3bn (US$2.3bn) sale of its life insurance unit after the intervention of New Zealand’s central bank, raising concerns about its recovery strategy and sending its shares tumbling.

  • NAB picks RBS's McEwan as new CEO

    NAB picks RBS's McEwan as new CEO

    National Australia Bank has turned to Ross McEwan, the architect of Royal Bank of Scotland’s post-crisis recovery, to become its CEO as it looks to turn the page on a period of turmoil stemming from the country’s inquiry into financial misconduct.

  • Temasek flags slower growth, cautious outlook

    Singapore’s Temasek Holdings posted the smallest rise in its portfolio in three years as key bank stock holdings declined in value, and the state investor said it was increasingly focusing new investments in North America, Europe and on unlisted firms.

  • Axis Bank: Hong Kong and Shanghai branches to close

    Axis Bank is planning to close its Hong Kong and Shanghai branches by the end of this year.

  • High-flying Grounds to leave UBS

    High-flying Grounds to leave UBS

    UBS is bidding farewell to its Australian star banker Matthew Grounds, who is leaving the Swiss giant after a stellar 25-year career including 11 years as CEO for Australia and New Zealand.