China's PE sector is booming. People are moving from foreign banks to PEs. While the moving comes with many benefits, money-making is never guaranteed.
As Chinese banks expands rapidly, many Chinese bankers who used to work for Western banks have returned to Chinese banks. Can they adapt? Have they noticed any cultural difference?
CICC is handing out bonus of up to 48 months' salary, potentially to retain staff, after a few years' revenue decline that led to an exodus of executives.
Bill Winters will become CEO of Standard Chartered from June. Although most cheer about his appointment, there are many difficult tasks ahead of him. Can he do a good job?