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RBC CEO gets small pay rise

Piggy Bank

Royal Bank of Canada CEO Gordon Nixon’s 2013 total compensation increased less than 1% from a year earlier as the bank extended its streak of record annual profit.

No UK housing bubble, just a London one: EY

Bubble Tree Beach

London is at risk of a housing bubble - with average house prices more than three times higher than in Northern Ireland or the north east by 2018 - but the rest of the U.K. looks set to escape wild gyrations in the property market, according to a report by consultancy EY.




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.