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People News: Barclays, Morgan Stanley

Barclays Sign

Rich Ricci, the former head of investment banking at Barclays and one of ex-Chief Executive Officer Robert Diamond’s top lieutenants, has joined a London-based foreign exchange trading platform as chairman.

HSBC in weekend HQ decision

HSBC building at night

HSBC’s board will meet on Sunday to decide whether to shift its headquarters from London, according to two people with knowledge of the decision.

Google hits back at MPs over low tax claims

Tax Return

Representatives from Google have defended the technology company's various subsidiaries in so-called tax havens in a hearing with the Public Accounts Committee (PAC), pointing out that the company paid corporation tax at an average rate of 19 per cent worldwide.