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UBS looks to address gender pay gap

Mind The Gap

UBS is looking at the relative pay of men and women in its investment banking arm as part of its compensation review, and is taking steps to close any significant gaps, sources familiar with the matter said.

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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

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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.

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People News: Citigroup, Sberbank

Citigroup lost two traders in its North America interest-rates trading group, including its head of automated market making, Mike Sung, according to people with knowledge of the matter.

Barclays Sign

People News: Barclays, Morgan Stanley

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.

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Mind The Gap

UBS looks to address gender pay gap

UBS is looking at the relative pay of men and women in its investment banking arm as part of its compensation review, and is taking steps to close any significant gaps, sources familiar with the matter said.