Page 1295 


Breaking Up US Banks Means Chinese Banks Win: Bove

Chisel Split Ice

The efforts in Congress to break-up "too big to fail" banks in the U.S. run the risk of allowing Chinese banks to takeover as leaders on the world financial stage, an influential banking analyst told CNBC on Tuesday.

C Suisse Pay Revolt

Stacks Of Coins

Credit Suisse is facing a shareholder revolt over pay after an influential advisory group asked investors to block the Swiss bank’s plan to issue shares for employee bonuses.

Europe Votes To Curb Banker Bonuses

No Pot Of Gold

European lawmakers voted on Tuesday to cap banker bonuses at the region’s largest institutions, as part of a major set of reforms designed to curb the financial industry’s risky behavior.



HSBC HQ London 3

People News: Goldman Sachs, HSBC, UBS.

Dennis Lafferty, one of Goldman Sachs’s top distressed-debt traders, is in talks to join HSBC to run a new loans and special situations unit in New York, according to two people with knowledge of the matter.

Deutsche Bank - Foyer Bridge

People News: Deutsche Bank, UBS

Zar Amrolia, who helped build up Deutsche Bank’s fixed-income and currencies business, is leaving the bank after ten years to help run a British electronic market-making business.

Hedge Fund

People News: C Suisse

Mining analyst Justin Froneman said he left Credit Suisse’s equity research unit in South Africa just over a year after joining the financial-services group.