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Monthly Archives: August 2014

Breaking news

US: Russia sending troops to Ukraine. Syrian rebels surround peacekeepers. Earthquake hits southern Greece. Hunt: hospital food must improve. Malaysia Airlines to cut 6,000 jobs. Japan executes two more prisoners. Ebola cases could rise to 20,000. Rotherham police officer charged with child sex offence. John Lennon killer Mark Chapman says: 'I'm sorry for being an idiot'. Brangelina finally wed in secret French ceremony.   J.P. MORGAN BANK The bank, a unit of JP Morgan Chase & Co named Amanda Cameron managing director and general manager of the bank in Luxembourg. CREDIT SUISSE GROUP AG Credit Suisse has poached leveraged finance banker Alison Howe from UBS, according to a source familiar with the matter. DIRECT LINE INSURANCE GROUP PLC The U.K.-based general insurer appointed Sebastian James to its board as a non-executive director. James comes from Dixons Carphone PLC where he was group chief executive. COLLIERS INTERNATIONAL The commercial real-estate services provider, a unit of FirstService Corp, appointed Jonathan Mills as head of its investment business…

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Breaking news

Net migration to UK soars by 39% to 243,000. Go-ahead for Ebola vaccine tests. US police kill Cops TV crew member. Italian politician who compared country's first black minister to an 'orang-utan' claims he is now 'cursed' by African spirits. Killer robots 'just a small step away'. HYPO ALPE ADRIA BANK INTERNATIONAL The nationalized Austrian lender named on Tuesday veteran German banker Rainer Jakubowski as its chief risk officer, a significant role as it winds down billions of euros in assets. ROYAL BANK OF CANADA The bank's wealth management division named Joel Goh as managing director and co-head of brokerage and futures in North Asia.

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Breaking news

  Rotherham abuse: police commissioner urged to quit. Business leaders tell Scots to vote no. Nato: new bases will counter Russia. RBS fined £14.5m over mortgages. Indefinite Gaza ceasefire agreed. Girl, 9, accidentally kills gun instructor with Uzi. Drunkenness and vulgarity of holidaymakers sees Italy's Gallipoli resort labelled 'the capital of trashy tourism'. HYPO ALPE ADRIA BANK INTERNATIONAL The nationalized Austrian lender named on Tuesday veteran German banker Rainer Jakubowski as its chief risk officer, a significant role as it winds down billions of euros in assets. ROYAL BANK OF CANADA The bank's wealth management division named Joel Goh as managing director and co-head of brokerage and futures in North Asia.  

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Breaking news

UAE and Egypt behind Libya bombing raids. Salmond tops debate poll. Israel flattens Gaza tower blocks. UK Ebola patient tells of joy of work. French PM to reveal new government. Parents set bad example by staying glued to phones. Tony Blair gave PR advice to Kazakh dictator after 'massacre' of unarmed protesters. Tony Blair gave PR advice to Kazakh dictator after 'massacre' of unarmed protesters. Spain says sorry for drugs raid on King of Morocco. CANTOR FITZGERALD & CO The firm named Samir Hussein as head of internet and media investment banking as it tries to extend its reach into digital media sectors. HSBC The bank appointed Mahbub Rahman as head of commercial banking in Malaysia. He was heading its commercial banking in Bangladesh since 2006.    

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Breaking news

Pentagon: Isis is rampant and must be defeated. Twenty more Westerners held by Islamic State. Co-op Bank announces £75m loss. Ofgem orders EDF to pay £3m. Ferguson: national guard stood down. Paul Gascoigne 'being treated in hospital' after being found drunk outside home. Strike hits two London Tube lines. Liverpool tell Balotelli that he must not misbehave.   WELLS FARGO & COMPANY The financial group's registered broker-dealer Wells Fargo Advisors said it recruited two brokers away from rival securities brokerage Morgan Stanley, where they managed nearly $350 million in client assets. Alison Scavone, a 32-year-industry veteran, and William Hayden Bates started at Wells's office in Westport, Connecticut, on Aug. 15. They bring with them client associates Summer Gigliotti and Jennifer Blair. U.S. BANK Wealth manager U.S. Bank, a unit of U.S. Bancorp, hired two executives for its private client reserve in Phoenix. Christopher Wilkinson and Dean Scheinert were named wealth management consultants for the private client reserve. EURONEXT The European exchange operator said on Thursday…

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Synchronise your holidays

'In Sweden, the more people holidayed at the same time, the greater the rate at which antidepressant prescriptions decreased' Spend a day or more in a Swedish office and you'll probably experience the startling phenomenon of the "fika", the moment when everybody – senior or junior, female or male, stylishly dressed or stylishly dressed – gathers for coffee and cake. Hierarchies get set aside; people discuss work and non-work matters alike. The ritual isn't compulsory, but it isn't exactly optional, either: take your coffee break at a different time and eyebrows may be raised above designer spectacles. Not that "coffee break" is a translation most Swedes would accept: apparently, fika means much more. "The only thing a Swede likes more than having a fika," writes the Stockholm-based journalist Oliver Gee, "is talking about the word fika, and how you'll never find it in English." The idea of fika can be extended. A team led by Terry Hartig, a health researcher at Uppsala University, found that…

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Breaking news

PM returns from holiday after video of  journalist’s beheading. US admits it tried to rescue journalist weeks before he was beheaded. Hamas leaders die in Gaza strikes. Ebola quarantine prompts clashes. Neanderthals walked among us. Rise in British 'suicide tourists'. Japan landslides leave dozens dead. Gardener dies after falling onto fence when pruning tree. RBC GLOBAL ASSET MANAGEMENT The unit of Royal Bank of Canada appointed Clive Brown CEO and managing director of its international business. Brown joins from JP Morgan Asset Management, where he was global chief operating officer and chairman of Asia, based in Hong Kong. DIFC AUTHORITY Jeffrey Singer said he had resigned as chief executive of the DIFC Authority, which oversees Dubai's financial free zone, the Dubai International Financial Centre. The resignation is with immediate effect    

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Breaking news

Obama: dam recapture 'a major step forward'. CEOs paid 143 times more than staff. Gender pay gap now 35%. Rail fares to rise by average of 3.5% Anti-frackers stage superglue protest. 'Women weakening Parliament', says Labour MP Mitchell. Bin bag full of cats' heads discovered near Manchester's famed Curry Mile. Police fired for social media misuse. Poachers drive down elephant population by 2% a year. "I've written a joke about a fat badger, but I couldn't fit it into my set." –Masai Graham   BANK OF NEW YORK MELLON CORP BNY Mellon Wealth Management has hired Dawn Bitton as portfolio manager at the firm's Denver office. CITIGROUP INC Citi Private Bank appointed Shane Hiller as director and private banker at its San Francisco office. The bank also named Danny Wise its European head of G10 foreign exchange trading in London, the Wall Street Journal reported, citing people with knowledge of the matter. Wise was one of six foreign exchange employees at Credit Suisse Group AG…

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Breaking news

Cliff Richard search after abuse claim. World at war: There are only 11 countries on the globe that are free from any kind of conflict. Russian armoured trucks cross Ukraine border. Britain ready to arm Kurdish forces fighting Isis. Pound could crash Scottish economy. Police name undercover officers. Wrap up, the big chill is on the way. France rebels against austerity as Europe's recovery collapses.   BNP PARIBAS SECURITIES SERVICES The securities services and investment operations unit of France-based BNP Paribas SA appointed Nick Jenkins head of technical for trustee and depositary services in the UK. Jenkins joins from Citigroup Inc, where he was the head of fiduciary oversight and research. AXA INVESTMENT MANAGERS The unit of French financial holding company AXA SA named Christophe Coquema global head of its client group. Coquema will replace Laurent Seyer, who has decided to leave the firm, AXA Investment said. ROTH CAPITAL PARTNERS The investment bank hired John White from portfolio managing firm Triple Double Advisors LLC as…

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Breaking news

US and UK call off rescue of Yazidis on Mount Sinjar. Gaza ceasefire extended by five days. Eurozone growth grinds to a halt. Obesity causes 12,000 cancers a year. Pilot's arm comes off during landing. 'Hands up, don't shoot': Police shooting of an unarmed black teenager became the biggest story in America. Injury rules Tiger Woods out of Ryder Cup. American woman's body found stuffed in suitcase at a luxury resort on Bali.   MACQUARIE CAPITAL The corporate advisory and capital markets arm of Macquarie Group Ltd, appointed Peter Davis as a managing director in its U.S. Financial Institutions Group. He joins Macquarie Capital after seven years at Lehman Brothers and Barclays Capital, a unit of British bank Barclays Plc. ABBOT DOWNING The group, a part of lender Wells Fargo & Co's wealth management unit, said it hired Eric Grodan from Merrill Lynch as relationship manager for its Los Angeles office. EVERCORE PARTNERS INC The boutique investment bank said it hired Rodney Reid from UBS…

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