Page 338 


UBS is hiring senior investment bankers


UBS is adding to its ranks of senior investment bankers in Asia for the first time since the global financial crisis, seeking to wring market share in dealmaking away from competitors that are reorganizing.

Standard Chartered CEO buys shares

Standard Chartered Logo

Standard Chartered CEO Bill Winters bought $1.5m of shares in the bank, a week after seeking $5.1bn from investors and unveiling his revised strategy for the Asia-focused firm.



European Flag

Mergers and flotations stop after EU vote

At 3am on June 24, the alarm of one of JP Morgan’s most senior London bankers rang loudly. Vis Raghavan, deputy chief executive and head of banking for JP Morgan’s EMEA division, had set it just in case Britain had made what many bankers believed would be an unthinkable decision to leave the European Union. Within the hour, it became clear that what had seemed impossible just a day ago, was now a certainty.