Bangladesh factory collapse: Primark to pay compensation. Building collapse death toll approaches 1,300.
The end of the free upgrade: the great airline business upgrade auction is ready for take-off.
Unsold premium seats to be auctioned online.
Every child in England and Wales to get annual flu vaccine.
Sainsbury’s denies CEO Justin King is set to depart.
Zuckerberg takes salary of $1 as Sorrell cuts pay by £100k.
Mercedes-Benz promotes Andrew Mallery to top UK marketing role.
Manning Gottlieb retains DWP enrolment brief.
Darren Khan leaves Bauer Media.
** STANDARD CHARTERED BANK
The international banking group appointed Michael Kruse in San Francisco as a managing director and head of the Technology, Media & Telecoms group for North America. Kruse joins the bank after working for 12 years at JPMorgan Chase & Co.
** CREDIT SUISSE
Andres Luther, co-head of corporate communications at Credit Suisse, will leave the Swiss bank to join consultancy Hirzel.Neef.Schmid.Counselors as a partner at the start of 2014.
** MORGAN STANLEY
The sixth-largest U.S. bank by assets has hired Michele Davis, a public relations official and policy director who helped shape the Treasury Department’s strategy during the financial crisis, to become global head of corporate affairs, according to a bank memo. Davis is taking a position that was held by Jeanmarie McFadden who retired in February.
** HSBC HOLDINGS PLC
The global asset management (USA) division of the company appointed Angelo Pirri as vice president, Registered Investment Advisor Sales, for the West Coast. Pirri joins from Direxion and will be based in San Francisco.
** JPMORGAN CHASE & CO
The biggest U.S. bank said on Sunday Matt Zames will fully assume the role of chief operating officer as his former partner in the job leaves, which was part of the latest management shakeup.
The company hired Dianne Challenor from Citigroup Inc as head of transaction services for Asia Pacific, the Wall Street Journal reported on Monday. ()
** NORTHERN TRUST CORP
The U.S. custody bank and wealth manager appointed Jeremy Hester as head of sales of its Global Fund Services business in the United Kingdom. Hester was most recently head of sales for Northern Trust in Australia and New Zealand.
** BLACKROCK INC
The world’s largest money manager appointed Alastair Gillespie as chief investment officer of Asia Pacific Real Estate Securities. Gillespie was most recently co-global portfolio manager for Principal Global Investors.
** ESEMPLIA EMERGING MARKETS
The emerging markets investment affiliate of global asset management firm Legg Mason Inc, appointed Samantha Ho as head of Hong Kong and China Equities. Ho previously worked with Invesco Hong Kong.
** ACE INSURANCE
The company, a unit of ACE Ltd, appointed Tim Shields as the new president director for its recently acquired Indonesian company PT Asuransi Jaya Proteksi.
Barclays said it appointed Jason Barrass as head of Africa trade, a new role based in Johannesburg, responsible for Barclays’ pan-Africa trade business across structured trade, to the flow business, supporting global corporate clients with their trade finance needs.
Barrass comes from JP Morgan, where he was a managing director in the global trade organisation and head of trade sales for the region.
Barclays Bank Plc said it appointed four corporate wealth advisers to its corporate & employer solutions business in the UK.
** AMERICAN INTERNATIONAL GROUP INC
The insurer appointed Robert Schimek as president and CEO of AIG Property Casualty’s Americas region, effective immediately.
Schimek will move to New York from London, where he was serving as president and CEO of the Europe, the Middle East, and Africa region.
** BANCO SANTANDER SA
Alfredo Saenz, 70-year-old chief executive of the euro zone’s biggest bank, Santander, stepped down after a prolonged legal battle over whether he should be barred from banking due to a criminal conviction.
** LLOYDS BANK
Lloyds Bank Commercial Banking appointed Anders Nilsson as head of global corporate FX sales, based in London.