12/15/2011
BofA names new chief data officer
The former CDO for Citigroup and the Federal Reserve Bank of New York brings more than 25 years of experience in data management to Bank of America.
Executive Moves
12/15/2011
Major French bank to cut thousands of jobs worldwide
The firm is trimming about 1,700 jobs at its corporate- and investment-banking unit, including 500 in France, and 600 posts at the consumer-finance business, he said.
12/08/2011
Leading tax and trust lawyers exits top UK firm
A source close to Garnham confirmed that her departure was to do with Family Bhive, the social networking website for HNWs and private client advisers that she founded.
12/07/2011
UK wealth house starts wealth arm with its first five acquisitions
Succession also plans to have its own mandated back-office IT system in the next 12 months.
12/06/2011
HSBC set to axe hundreds of jobs
The bank, which has been hit by a £10.5 million fine for giving "inappropriate investment advice" to elderly customers, said around 330 jobs will be lost.
12/06/2011
Danish bank association taps new chairman
The Danish Bankers' Association Monday said its general meeting has appointed Michael Rasmussen as new chairman of the organization.
12/06/2011
Nomura hires UBS equities executive
The official had been head of equity derivatives trading for EMEA at UBS.
12/06/2011
Jefferies adds to European consumer and retail investment banking
Mr. Collinson will be based in the firm's London office and will partner with Robert Foster, European Co-Head Consumer and Retail Investment Banking.
12/05/2011
Mizuho circles top Italian bank's team
Following confirmation on November 15 that it would exit western European equities, with the loss of about 150 jobs.
12/05/2011
Fewer new jobs and more competition in City, firm says
There are 5 qualified candidates for each job, compared to 1.7 at the start of the year, Astbury Marsden said.
12/02/2011
Origen cuts 17 roles in RDR restructure
There will also be a number of key staff changes. Bob Diamond, previously responsible for corporate clients in the South East, has been appointed to head up Origen's national corporate client business.
12/02/2011
Smith replaces Glocer as Thomson Reuters CEO
The news and information company has undergone a series of structural changes and management shake-ups over the past six months to address the lackluster performance of its Markets business, which mainly serves financial institutions.
12/01/2011
Axa bolsters distribution team
The new hire joins Axa from LV= Asset Management, where he was investment sales manager for London and the south of England. He has also worked for Fidelity Investments.
11/30/2011
Royal Bank of Scotland shutters customer support facility
The decision is part of a wider cost-cutting review announced in September 2010, when the bank said it would cut 3,500 back office roles with the closure of 12 customer support sites around the country.
11/30/2011
RBS International strengthens wealth capabalilities
RBS International has strengthened its wealth management capabilities with two senior management appointments.
11/29/2011
Top JPMorgan exec takes on another role
The official will focus on advising JPMorgan clients
11/28/2011
France nominates chief economist for ECB exec board
The appointment is unlikely to shift the Frankfurt-based central bank’s resistance to stepping up bond purchases to fight Europe’s debt crisis, economists say.
11/24/2011
Another top official exits top UK bank
Brian Hartzer, who also runs the bank’s wealth division and its troubled Irish business, Ulster Bank, is leaving the bank for family reasons.
11/23/2011
Greek fund mgmt group elects new president
The firm taps the managing director of Alpha Bank's asset mgmt unit
11/23/2011
British fund manager's SRI team to exit the business
The move reflect the firm's restructuring strategy