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HONG KONG: UBS Group AG reduced the 2018 bonus pool for its investment bankers in Asia by about 8% after a slump in equity offerings last quarter hurt fees, according to people familiar with the matter.
KUALA LUMPUR: DRB-Hicom Bhd and the Government have entered into an asset exchange agreement that varied earlier-proposed terms, giving the company more flexibility in managing an asset pool to be pledged to the Government as collateral.
BRITAIN-BASED Gearbulk Pool Ltd has picked the Johor Port in Pasir Gudang as its south-east Asian hub, relocating from Jurong, Singapore which had been the company#039;s hub for over 10 years.
WASHINGTON: Wall Street's self-funded regulator fined a unit of Goldman Sachs on Tuesday over pricing rule violations stemming from its "dark pool," marking the latest in a string of recent enforcement actions targeting anonymous trading platforms.
ZURICH: Credit Suisse Group AG increased its bonus pool by 6%, defying a trend toward smaller payouts at many of its peers in an effort to prevent an exodus of talent from its investment banking and Asian operations.