Facing intense regulatory oversight, senior bankers are increasingly heading for the corporate world, with some taking their skills and contacts to fintech firms.
John Sturmey gives up his co-head of Asia GCM role less than a year after returning to UBS, as the bank's new global head of GCM David Soanes puts his mark on the team.
The Swiss firm re-hires John Sturmey from RBS and promotes Joseph Chee. Meanwhile, RBS appoints Stanley Ho as head of Asia ECM to fill the vacancy left by Sturmey.