People News: C Suisse, UBS, Citi


Credit Suisse has appointed Johnson Chui as head of equity capital markets (ECM) for Asia Pacific and created an investment banking role for frontier markets, both part of new senior appointments in Asia, according a person familiar with the matter.

Bank stress tests fail to quell doubts

Mark Carney

Mission accomplished? Assessing the capital health of the UK’s banks is a neverending task, of course, but Mark Carney, governor of the Bank of England, seems pleased with the current state of affairs.

Banks have missed out on startups: CommerzVentures


Banks were too focused on protecting themselves from a repeat of the global financial crisis that they missed many investment opportunities offered by key startups, the managing director of CommerzVentures told CNBC.

The big mistake made by big banks: Bove

Capitol Hill United States

Following the banking collapse in 2008, the banking industry, with the exception of JPMorgan Chase , worked behind the scenes to influence new regulations but didn't seem to be interested in bringing the bankers' point-of-view on these issues to the attention of the public.



Top firm CEO resigns

Brazilian billionaire Andre Esteves resigned all of his posts at Grupo BTG Pactual SA after he was jailed indefinitely, and the bank’s leaders spent the weekend in emergency talks to sell assets and acquire his controlling stake.