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HSBC Canary Wharf corner

Top 50 European banks by total assets

HSBC remains atop SNL Financial's ranking of Europe's 50 largest banks by total assets for the third successive year, although its position was distorted by the fall in the euro against the dollar and other major currencies.

Julius Baer Appoints Head Middle East and Eastern Mediterranean

Julius Baer has announced that it has appointed Edmond Carton as new Head Middle East and Eastern Mediterranean effective today. Edmond Carton will be based in Geneva and report directly to Rémy Bersier, CEO Eastern Mediterranean, Middle East, Africa and European Francophone markets.