British bankers on alert as UBS is set to axe 10,000 workers.
Branston Pickle to be sold to Japanese firm for £90m.
EE launches UK’s first 4G mobile network, in 11 cities.
India’s first Starbucks branches draw long queues.
RFU considers selling naming rights to Twickenham.
Random House and Penguin merge to form publishing powerhouse.
Tesco has axed New Covent Garden Soup Co from its shelves, 12 months after the supermarket launched its own chilled soup.
Apple is parting company with retail boss John Browett only seven months after awarding him a £36m “golden hello” package, while iOS software chief Scott Forstall is leaving for reportedly not signing an apology letter over the Maps fiasco.
David Emin, advertising chief at Mirror Group Newspapers (MGN), has been promoted to managing director Trinity Mirror National sales, as part of the next tier of structural changes implemented by Simon Fox, chief executive.
East Coast Mainline, the Government-owned rail operator, has poached former First Direct’s Natalie Cowen to head up its marketing.
WELLS FARGO & CO
The company hired Brian Moon as managing director and head of financial institutions mergers and acquisitions team.
Moon joins Wells Fargo Securities from Deutsche Bank, where he was a managing director and head of financial institutions M&A – Americas.
The company also named Karin Marshall as senior vice president and managing director for its Houston and San Antonio offices.
PATTERSON ASSOCIATES LLP
The remuneration advisory firm said it appointed Sue Bartlett as vice-president.
Prior to joining Patterson Associates, Bartlett was a director in consulting services at Towers Watson specialising in executive reward.
ROBERT W. BAIRD & CO
Robert W. Baird & Co said on Friday it hired Karen Heintz, a veteran branch manager in Minnesota from UBS Wealth Management Americas.
Karen Heintz joined Baird from the St. Paul branch of UBS , where she supervised 24 financial advisers who managed $3.1 billion in client assets.
The bank appointed Samuel Itzcovitz as global head of clearing and financial institutions payments for Citi transaction services.
U.S. BANK NATIONAL ASSOCIATION
A subsidiary of U.S. Bancorp made a series of appointments:
The commercial bank appointed Ed Cowling as director of the specialty asset management division. He joins from Bank of America where he was the national manager of real estate for Bank of America’s wealth management business.
U.S. Bank National appointed Mary Welk as managing director of client advisory and Lance Losey as managing director of wealth strategy for ascent private capital management of U.S. Bank in Seattle.
HSBC LIFE INSURANCE COMPANY LTD
The insurance company named Juliana Lam as chief executive officer for its China operations. Since joining HSBC in Hong Kong in 1992, she has held senior positions in insurance and wealth management.
ETF SECURITIES (UK) LIMITED
The company, which provides exchange-traded investment products, named Peter Lidblom as head of the Nordic Region to manage the group’s relationships with financial institutions, especially those in Denmark, Sweden, Norway and Finland.
Prior to this role, Lidblom served as an executive at NSBO Ltd.
RENAISSANCE CAPITAL GROUP PLC
The investment bank hired two London-based sales traders for its Europe, Middle East & Africa (EMEA) platform.
The company named Shu-Ming Peng as director for equity products group (EPG) and Aimee Crane as vice president for EMEA equities sales trading.
MID EUROPA PARTNERS
The private equity firm said it promoted Michelle Capiod to partner, effective Jan. 1, 2013.
Michelle joined the firm in 2003 and is based in the London office.
THROGMORTON UK LTD
Throgmorton, which provides accountancy and back office services, hired Neil Oliver as tax director.
Oliver comes from Ernst & Young, where he was a senior director.