Cathy Chan

Asia VIII fund to invest more in India, SE Asia, Australia China investments have weighed on firm's Asia VII fund return

(Bloomberg) -- Bain Capital is considering bringing fresh backers into Chindata Group Holdings Ltd., people familiar with the matter said, allowing it to raise cash and keep expanding the data-center company.

(Bloomberg) -- JPMorgan Chase & Co. is making more senior leadership changes in China, with Park Pu stepping down as chairman of its onshore securities business, people familiar with the matter said.

UBS Group AG is in discussions to attain full ownership of its China platform by swapping its holding in Credit Suisse's onshore securities venture with a Beijing government investment fund, according to people familiar with the matter.

(Bloomberg) -- Morgan Stanley hired former Credit Suisse banker Min Huang to lead its China investment management division as the US firm recalibrates

About 50 investment bankers in APAC ex-Japan may lose jobs China, HK bankers account for at least 80% of latest job cuts

(Bloomberg) -- Morgan Stanley plans to start cutting about 50 investment-banking jobs in the Asia-Pacific region this week, with at least 80% of the reductions in Hong Kong and China, people familiar with the matter said.

Deutsche Bank AG trimmed 10 private banking roles in Asia over the past week, adding to dozens of cuts in recent quarters as it zooms in on more profitable markets and weeds out underperformers, according to people familiar with the matter.

BNP Paribas SA has hired close to 30 people to launch its securities operation in China, re-entering the market after exiting a local joint venture 17 years ago, people familiar with the matter said.

Morgan Stanley is shaking up its private equity division in Asia following the retirement of veteran employees Chin Chou and Andrew Hawkyard, according to a memo.