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Share Price: 54.18
Bid: 54.40
Ask: 54.44
Change: 0.12 (0.22%)
Spread: 0.04 (0.074%)
Open: 53.96
High: 54.42
Low: 53.30
Prev. Close: 54.06
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MOVES-U.S. Bancorp, RBC, Lloyds, FINRA

Tue, 30th Apr 2013 19:51

April 30 (Reuters) - The following financial servicesindustry appointments were announced on Tuesday. To inform us ofother job changes, email to moves@thomsonreuters.com.

ROYAL BANK OF CANADA

RBC Wealth Management, a division of Royal Bank of Canada,has hired a veteran branch manager from Morgan Stanley WealthManagement in Texas as the firm looks to expand in the region.

Glen Hatch joined RBC's Austin office as a branch directorfrom Morgan Stanley Wealth Management, where he had been formore than a decade, first with Citigroup's Smith Barney.

Morgan Stanley Wealth Management, the largest U.S.brokerage, was formed out of the merger of Morgan Stanley's wealth unit and Citi's Smith Barney in 2009.

U.S. BANCORP

The fifth-largest U.S. commercial bank by assets said itappointed Gerald Rixie as wealth management consultant inChicago at its Private Client Reserve division. Rixie previously served as chief financial officer of Calamos Family Partners inNaperville, Illinois.

SBERBANK CIB

The investment banking arm of Russia's top lender Sberbank appointed Igor Ukrasin as co-head of sector investmentbanking and head of energy, managing director.

Ukrasin will join on May 14. He was previously managingdirector, investment banking division, European energy group atCredit Suisse.

LLOYDS BANKING GROUP

Lloyds Banking said Ireland's financial regulator MatthewElderfield would join the bank in October with responsibilityfor overseeing all compliance and conduct risk activities.

Lloyds said Elderfield, currently deputy governor of theCentral Bank of Ireland, would become director of conduct andcompliance at the part-nationalised Britishlender.

AXA INVESTMENT MANAGERS

The asset management company appointed Garry Murdoch asglobal head of compliance. Murdoch previously worked as atechnical specialist in the asset management department of theFinancial Services Authority.

AON HEWITT

The talent, retirement and health solutions business ofinsurance broker Aon Plc said Nick Collyer joined itsflexible benefits team as a client relationship manager. Collyerpreviously worked at Towers Watson as a senior client manager.

ONEMARKETDATA LLC

The market data management and analytical solutions companyappointed Jeffrey Banker as senior vice president, marketdevelopment.

THE FINANCIAL INDUSTRY REGULATORY AUTHORITY (FINRA)

FINRA has hired a high-ranking U.S. Treasury Departmentofficial to become its first chief economist, the Wall Streetindustry-funded watchdog announced.

Jonathan Sokobin, currently acting deputy director ofresearch and analysis in the Treasury Department's office offinancial research, will join FINRA on May 20. He will reportdirectly to Richard Ketchum, FINRA's chairman and chiefexecutive.

MACKENZIE PARTNERS INC

The consulting firm specializing in mergers and acquisitionsand proxy contest-related transactions said it would open a newoffice in Washington D.C. The office will be led by ExecutiveVice President Laurie Connell, who has served as a key member ofMacKenzie's mergers and acquisitions and proxy contest team.

More News
12 Jul 2023 08:39

TOP NEWS: Major UK banks "resilient" in BofE's annual stress test

(Alliance News) - The Bank of England on Wednesday said the major UK banks were "resilient to a severe stress scenario", in its latest cyclical stress test results, with all eight surveyed lenders passing.

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12 Jul 2023 08:26

UK bank shares rise after BoE stress test

MILAN, July 12 (Reuters) - A gauge of British banking stocks surged on Wednesday after the Bank of England said its annual stress test of eight major lenders showed each could cope with rising interest rates in a stressed environment.

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12 Jul 2023 07:21

UK bank pass annual stress tests, says BoE

(Sharecast News) - Eight major UK banks have passed annual capital stress tests and were well positioned to support households and businesses through a period of rising interest rates, the Bank of England said on Wednesday.

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12 Jul 2023 07:15

Stress test shows top 8 UK banks have enough capital, says Bank of England

LONDON, July 12 (Reuters) - The Bank of England said on Wednesday its annual stress test of eight major lenders showed that each could cope with rising interest rates in a stressed environment, and none would need to submit a revised capital plan.

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7 Jul 2023 11:13

British lender OSB shares slide on mortgage hit warning

LONDON, July 7 (Reuters) - British financial services group OSB's shares fell by more than 20% on Friday after it said it would take a net income hit of up to 180 million pounds ($229 million) as mortgage customers switched from higher rate products.

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6 Jul 2023 19:14

Banks recognise savers need help accessing best rates - UK regulator

(Alliance News) - The City regulator said it had held a "constructive" meeting after summoning UK banks to discuss concerns surrounding interest rates for savers lagging behind the cost of mortgages.

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6 Jul 2023 18:45

UK banks must accelerate rate rises for savers, says watchdog

LONDON, July 6 (Reuters) - British regulator the Financial Conduct Authority (FCA) said on Thursday that banks need to accelerate rate rises for savers, but said it was not up to the watchdog to dictate pricing.

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6 Jul 2023 16:41

Banks must provide value to savers, says UK watchdog

LONDON, July 6 (Reuters) - Britain's Financial Conduct Authority said on Thursday that banks need to ensure they are providing value to savers, but said it was not up to the regulator to dictate pricing.

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6 Jul 2023 07:43

LONDON BRIEFING: FTSE 100 to fall as more US rate hikes expected

(Alliance News) - Stocks are called lower in London on Thursday, after hawkish minutes from the US Federal Reserve once again gave rise to interest rate fears.

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6 Jul 2023 06:19

UK FCA to discuss savings rates concerns with bank chiefs

(Alliance News) - Bank chiefs are meeting Financial Conduct Authority officials on Thursday to discuss concerns surrounding interest rates for savers lagging behind the cost of mortgages.

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4 Jul 2023 07:53

LONDON BRIEFING: Sainsbury's sales up; Eurowag buys more of JITpay

(Alliance News) - Stocks in London are to open a touch lower on Tuesday, with little in the way of catalysts for global markets, given a lack of major data and a holiday in the US.

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4 Jul 2023 07:24

FCA summons bank chiefs over low savings rate concerns

(Sharecast News) - The Financial Conduct Authority (FCA) has called on the chief executives of major banks to address concerns over the low savings rates being offered to customers, it emerged on Tuesday.

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3 Jul 2023 17:15

UK banks asked by lawmakers if they're 'exploiting' savers with low rates

LONDON, July 3 (Reuters) - British banks faced fresh criticism on Monday for the savings rates they offer to cash-strapped customers, in the latest intervention by parliament's influential Treasury Select Committee.

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3 Jul 2023 11:06

IN BRIEF: Capita extends revolving credit facility to end of 2026

Capita PLC - London-based process outsourcing and professional services company - Extends the maturity of its revolving credit facility by just over two years to December 31, 2026 from August 31, 2024. The available facility is for GBP284 million, reducing to GBP250 million by January 1, 2025. The facility was arranged by seven lenders. These comprised two new banking partners, Standard Chartered PLC and the London branch of Bank of China Ltd, plus five existing lenders, including Barclays Bank PLC and Lloyds Banking Group PLC. The original terms of the RCF are "substantially unchanged." Barclays acted as the coordinator for the arrangement.

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3 Jul 2023 09:37

LONDON BROKER RATINGS: Stifel cuts Croda International to 'hold'

(Alliance News) - The following London-listed shares received analyst recommendations Monday morning:

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