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Hong Kong - Barclays Capital has announced the appointment Adrian Valenzuela as Managing Director, Head of Equities Liquid Markets Distribution, Asia Pacific.
Credit Suisse has announced the appointment of five new research analyst to cover the Banks sector in the Equities Department.
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The UK Treasury Select Committee asked Barclays to provide details of how much UK corporation tax it paid in 2009 (this was before the bank's 2010 figures were available), a year when the company made an $18.8bn pre-tax profit.
The Wall Street Journal reports that Citigroup has set-up a new 'profit-sharing platform' for senior executives, which could result in four top bosses, including CFO John Gerspach and COO John Havens, bagging $11.9m.
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Deutsche Bank is focusing on plans for a slimmed-down universal bank as part of the management's strategic review where the group remains internationally engaged in most of its current activities but pulls out of unprofitable regions and business lines, newspaper Handelsblatt reported on Monday.
A former UBS banker who helped U.S. authorities prosecute the Swiss bank in a tax fraud case has asked for permission to travel to France to comply with a subpoena in another investigation of the company, according a court document.
Tate & Lyle issued its third profit warning in a year earlier this month, but analysts believe the worst may be over, and the company could even be a £4.4bn bid target for US group Bunge.