Goldman, Lazard China dealmakers quit to join buyout-fund upstarts

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Veteran China dealmakers at Wall Street banks are heading for exits.

Pedestrians walk along Wall Street near the New York Stock Exchange (NYSE) in New York, U.S., on Monday, Oct. 31, 2016. Photographer: Michael Nagle/Bloomberg

Manulife names Asia division executive Roy Gori as president

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He will lead Manulife’s Canadian, US and Asia investment operations.


People: Savills IM appoints Annie Li in Sydney; Hamilton Lane makes senior hires

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Savills Investment Management (Savills IM) has appointed Annie Li as Associate Director and portfolio manager based in Sydney. Meanwhile, Hamilton Lane has made two senior appointments — Lydia Gavalis as General Counsel and Frederick Shaw as Chief Compliance Officer. Savills IM appoints Annie Li in Sydney Global real estate investment… Read more »


China’s Fosun CEO and VP step down in surprise reshuffle

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Fosun is one of China’s most acquisitive conglomerates.


Baidu Inc’s Wang Jing is leaving to set up his own self-driving vehicle startup

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His departure follows earlier moves by Andrew Ng and Zhang Tong


Performance improvement, not cost cutting, is the key: Bain’s Raj Pherwani

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Pherwani was on a two-week visit to India to meet top company leaders


People: HSBC to add 1,000 in retail, wealth management; Chubb Life gets HK head; Former AUS PM joins MaxCap

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With new additions, HSBC will add to an existing team of 2,400 employees in China


People Digest: DBS names new digital bank head; StanChart’s Mueller leaves

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Singapore’s DBS has named Sandeep Lal as the new Group Head Digital Bank with Olivier Crespin leaving the bank. Meanwhile, Standard Chartered Private Bank’s Global Head of Investment Advisory in Singapore Christian Mueller has stepped down. DBS names new Digital Bank head Singapore’s DBS has named Sandeep Lal as the… Read more »


Baidu chief scientist Andrew Ng to depart in setback for AI Push

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The chief scientist helping drive Baidu Inc.’s push into artificial intelligence is quitting the Chinese search giant, putting at risk its efforts to put AI at the center of a business revival. Andrew Ng, a Stanford University academic who worked on deep learning at Alphabet Inc. before joining Baidu in 2014, said… Read more »


India: Mukesh Bansal steps down from Swiggy board as CureFit eyes food delivery

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Bansal stepped down earlier this month over a “conflict of interest”.