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Libor traders may avoid fine after deadline passes

Alarm Clock Bed

Traders facing penalties from British regulators over their involvement in rigging Libor may avoid being fined after the U.K. Financial Conduct Authority missed a deadline to take action, three people with knowledge of the matter said.

Barclays hires in equity sales

Barclays Sign

Barclays has hired 11 people for Japanese equity sales and trading since July and plans to add about four more by the end of the year amid a resurgence in the world’s second-largest stock market.

HSBC fined over Swiss private bank

Money On Hook

HSBC will pay $12.5m to resolve charges that its Swiss private banking unit illegally offered services to U.S. clients without being properly registered, the U.S. Securities and Exchange Commission said on Tuesday.



Cinese Flag

Bankers said to be heading home

For Shiwei Zhou, it was partly the sense of obligation toward after-work drinks and talk of ice hockey. William Su felt his career was stuck after four years in the same role. QJ Guo wanted to be near his parents as they age.