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July 15 (Reuters) - The following financial services industry appointments were announced on Monday. To inform us of other job changes, email to moves@thomsonreuters.com. STANDARD CHARTERED PLC The international bank appointed Mark Webster as global head of foreign exchange (FX) sales
Read more* Former RP Martin brokers Farr, Gilmour charged * Follows SFO charging former UBS, Citi trader Hayes * Interdealer brokers under scrutiny for middlemen role LONDON, July 15 (Reuters) - Britain's fraud prosecutor on Monday charged two former brokers at interdealer broker RP Mart
Read moreLONDON, July 15 (Reuters) - Britain's fraud prosecutor charged two former brokers at interdealer broker RP Martin with conspiracy to defraud, related to its investigation into the rigging of Libor global interest rates. The Serious Fraud Office (SFO) said it charged Terry Farr, 41, and Jame
Read more* EBA data shows top earners would bust bonus cap * Shows 2,436 bankers in UK got 1 mln euros or more in 2011 * Compares with 170 in Germany who earned more than 1 mln * Banks already changing how they pay top staff By Huw Jones LONDON, July 15 (Reuters) - More banke
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Cyclical stocks welcomed in-line gross domestic product (GDP) figures from China on Monday morning with the FTSE 100 nearly hitting seven-week highs early on. London's benchmark index started the new week trading near the 6,600 level; the last time the FTSE 100 closed higher was on May 30th. Gains
Read moreDUBAI, July 15 (Reuters) - Barclays has named Cedric Lizin as the head of its wealth and investment management division for the Middle East and North Africa region. Lizin, who has been with the lender since 2007, has held the roles of chief operating officer for Asia Pacific and head of Bar
Read more* Global watchdog set to unveil final guidelines next week * Singapore, Hong Kong already pursuing their own reforms * United States and UK disagree over future of Libor * Huge FX market difficult to regulate By Anirban Nag and Rachel Armstrong LONDON/SINGAPORE July
Read moreWhen it issues its summer report, tomorrow, top economic forecaster ITEM Club will argue the economic recovery is real and solid and forecast that exports could jump by almost 5 per cent in 2014. The Club, which is independent, but bases its forecasts on the Treasury's own economic model, will predi
Read moreBy Karen Brettell NEW YORK, July 12 (Reuters) - Four Danish pension funds have filed a lawsuit against twelve large banks, accusing them of increasing costs for investors trading in the $27 trillion credit default swap (CDS) market by stopping exchanges from entering the market. The c
Read more* US raises leverage ratio bar with 6 pct target * UK, Swiss also "gold-plate" global leverage rules * Deutsche Bank, European banks seen hardest hit * Dividends, liquidity buffers, bond trading may be hit By Steve Slater LONDON, July 12 (Reuters) - New demands from
Read more* Regulator sets end 2015 deadline to meet new target * Co-op defers coupon due to bondholders at end of July * Co-op launches independent review into problems at its bank By Matt Scuffham and Steve Slater LONDON, July 12 (Reuters) - Nationwide, Britain's biggest customer-
Read moreLONDON, July 12 (Reuters) - British lender Nationwide said the UK regulator had accepted its plan to meet stricter targets on leverage by the end of 2015 without needing to raise new capital, The Prudential Regulation Authority last month said Nationwide, Britain's biggest mutually owned l
Read moreFinancial stocks were performing well on Friday with asset manager Aberdeen and insurance group Resolution leading the way after positive comments from analysts. UBS reiterated its 'buy' rating for Aberdeen and added the stock to its 'most preferred' list, saying that the recent share price falls h
Read more* Global watchdog set to unveil final guidelines next week * Singapore, Hong Kong already pursuing their own reforms * United States and UK disagree over future of Libor * Huge FX market difficult to regulate By Anirban Nag and Rachel Armstrong LONDON/SINGAPORE July
Read moreStrong gains in the financial sectors were lifting markets higher on Friday despite concerns over a slowdown in China, as investors continued to focus on dovish comments from Federal Reserve Chairman Ben Bernanke. Stock futures on Wall Street were pointing to a positive start on Friday, extending g
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