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UBS to cut Asia investment banking bonus pool by 8%

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.

DRB-Hicom gets flexibility in managing asset pool pledged to Govco

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.

Independent directors pool planned

The Minority Shareholder Watchdog Group (MSWG) is working with Bursa Malaysia Bhd to come up with an organisation or a pool of independent directors for companies to choose from whenever they require independent directors.

Britain’s Gearbulk Pool relocates from S’pore to Johor Port

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.

Goldman Sachs fined over trade rule violations in dark pool

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.

Credit Suisse raises bonus pool, settles NCUA mortgage case

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.

Boosting the talent pool

THE Media Specialists Association (MSA), under the leadership of current president Ranga Somanathan, aims to increase the pool of 'rightly-trained' talent for the industry.

HDC launches world’s first halal data pool

KUALA LUMPUR: The Halal Industry Development Corp (HDC) has launched the Global Data Halal Pool, the world’s first halal data pool, to connect Malaysia with the international halal supply chain.

JPMorgan to leave bonus pool unchanged

NEW YORK: JPMorgan Chase & Co, the world’s biggest investment bank by revenue, is leaving its bonus pool roughly unchanged from 2014, adding to pressure on weakened rivals, according to people with knowledge of the plan.

HKEx plans yuan liquidity pool

HONG KONG: Hong Kong Exchanges and Clearing Ltd (HKEx), the world's largest exchange operator by market value, said that it is working with banks on a yuan liquidity pool but no timetable has yet been set.