HONG KONG, June 10 (Reuters) - HSBC plc's head of oil and gas banking in Asia, Jorge Martinez, has left the firm to join Barclays in a similar position, a person familiar with the matter told Reuters on Wednesday. Martinez had joined HSBC in 2012 and before that spent three and a half years
Read moreJune 9 (Reuters) - Ratings agency Standard & Poor's downgraded several U.K. and German banks, including Deutsche Bank AG and Barclays Plc, saying it considers government support for these banks to be uncertain. The rating arm of McGraw Hill Financial Inc downgraded Germany's Deutsche Bank
Read more* Half job cuts to come from sale of Brazil, Turkey businesses * Bank to cut risk weighted assets by a quarter, or $290 bln * New return on equity target of above 10 pct by 2017 * Will rebrand its UK retail bank * Review of whether to move HQ to be completed by year end
Read moreBy Magdalena Mis LONDON, June 9 (Thomson Reuters Foundation) - Leading financial institutions in Europe have joined an offensive to fight human trafficking by using data to spot irregular banking transactions that could identify criminal activity, organisers said on Tuesday. The init
Read more(Adds analyst quotes, updates shares) By Richa Naidu and Jed Horowitz June 8 (Reuters) - U.S. investment bank Stifel Financial Corp said on Monday it would buy Barclays Plc's U.S. wealth and investment management unit, which is largely made up of the former brokerage arm of Lehman Br
Read morePRETORIA, June 8 (Reuters) - South Africa's competition watchdog may impose some of its highest fines after its investigation on the suspected currency-rigging global and local banks, its head said on Monday. The Competition Commission has accused dealers at banks of colluding by using an i
Read moreStifel Financial Corp announced on Monday that it has entered into a deal to buy Barclays' wealth and investment management fanchise in the Americas for an undisclosed sum. As of 31 May, Barclays' advisory business - concentrated in New York and 11 other major metropolitan cities in the US - had abo
Read moreJune 8 (Reuters) - Investment bank Stifel Financial Corp said on Monday it would buy Barclays Plc's U.S. wealth and investment management unit. Barclays had about 180 financial advisers in the United States, managing about $56 billion as of May 31. The companies did not disclose the
Read moreCommenting on a Sunday Times report that George Osborne is to lay the groundwork for a review of the bank levy, Societe Generale said that Standard Chartered was likely to be the biggest beneficiary. SocGen explained that the current method of calculation puts UK banks at a disadvantage when operati
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