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Schroders said to make changes at board level

Boardroom Table

Schroders is preparing to refresh its board with two new non-executives this year as part of an olive branch to investors concerned about the unorthodox decision to appoint the wealth firm’s long-standing chief executive Michael Dobson as chairman.

C Suisse penalised for leaking information

Sunset in Tokyo, Japan

Credit Suisse became the second global bank to be penalised in Japan for leaking information about a company’s earnings, amid a regulatory probe that has raised questions about how brokerages handle stock research in the country.




Nomura bankers depart to rivals

Four Nomura investment bankers, each managing directors covering major industries, were among 17 employees who left voluntarily since the bank cut pay and personnel in the Americas, according to people with knowledge of the moves.