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People News: CIBC, Goldman Sachs

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Canadian Imperial Bank of Commerce has made two key executive changes within its wholesale banking business as Canada's fifth biggest bank further consolidates under Chief Executive Victor Dodig.

People News: HSBC, Deutsche Bank.

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Diana Cesar was named HSBC’s chief executive for Hong Kong after 15 years with the bank, including her most recent role, as head of retail banking and wealth management in the city.

C Suisse nearing dark pool settlement

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Credit Suisse will pay more than $80m to settle state and federal authorities’ allegations that it didn’t fully disclose to its clients how it operated its dark pool, according to a person familiar with the matter.

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Citigroup agrees to pay $7m penalty over coding error

The Securities and Exchange Commission thas announced that Citigroup Global Markets has agreed to pay a $7m penalty and admit wrongdoing to settle charges that a computer coding error caused the firm to provide the agency with incomplete “blue sheet” information about trades it executed.