Barclays boss Bob Diamond facing calls to quit and Ed Miliband demands criminal probe as damning emails show how greedy traders rigged bank interest rates.
Goodbye to the Glastonbury promoter who made it great. Michael Eavis parts company with festival management after decade of success.
News International is upping the cover price of The Sun from 30p to 40p on a weekday and The Sunday Times by 30p to £2.50, as it looks to drive up revenues.
Marmite is ramping up an offensive supporting its secret society the ‘Marmarati’, in a bid to promote its extra strong variant.
ITV boss Adam Crozier will step down from his role as non-executive director at Debenhams after six years.
Creative duo Yan and Luke unveil start-up shop Fabula.
NATIONAL BANK OF GREECE
The chief executive of Greece’s largest lender National Bank , Apostolos Tamvakakis, will step down on Thursday and be replaced by deputy CEO Alexandros Tourkolias, a source at the bank told Reuters.
JEFFERIES GROUP INC
Jefferies appointed Steven Latimer a managing director and head of Canadian Investment Banking. He will initially focus on the metals and mining sector.
Latimer was earlier with Credit Suisse, where he was head of Canadian metals and mining investment banking. He will be based in Toronto.
CITIGROUP INC
The company named Jonathan Larsen the global head of its retail bank, filling the position for the first time with an Asia-based banker.
Larsen, a 25-year industry veteran, will be based in Hong Kong and will continue to serve as head of Asia consumer banking, according to an internal memo.
BNP PARIBAS
The French bank lost two of its top Geneva-based bankers in commodity trade finance, it confirmed, dealing a further blow to one of the sector’s major lenders.
The two heads of energy and commodities finance for global trading hub Switzerland, Jacques Begle and Philippe Ziegler, have left BNP, a spokesperson for the bank confirmed to Reuters.
ALIXPARTNERS
The global business advisory firm said David Carlson will relocate from the United States to Shanghai to help in the expansion of AlixPartners’ information management services unit in Asia. Carlson is at present a director in the firm’s global information management services.
The firm appointed forensic-accounting specialist Mark Pulvirenti to its financial advisory services practice in Hong Kong.
CHICAGO EQUITY PARTNERS
The firm named Brian Portnoy as head of alternatives and strategic initiatives.
