Bloomberg HSBC Holdings Plc attracted $9.3 billion in net new money for its private banking business in Asia during the first half, with client assets rising 25% from a year ago. Its Asia wealth balances — which include its Premier & Jade deposits and global private banking client assets — reached a record of about $810 billion, accounting for nearly ...

Bloomberg JPMorgan Chase & Co raised the stakes in Wall Street’s intensifying battle for talent, expanding a previously announced pay increase to a broader range of staff as rivals across the industry pay up to hold on to their lowest-level analysts. Junior sales, trading and research analysts across JPMorgan’s corporate and investment-banking unit are now in line for raises, a ...

Bloomberg Jefferies Financial Group Inc is boosting the salaries of its first-year analysts in the US by more than a quarter, the latest bank to bump pay as they seek to stem defections amid intense workloads. The Wall Street firm will now pay its junior bankers $110,000, up from $85,000 previously, according to a person familiar with the matter. Second-year ...