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City watchdogs broaden HBOS inquiry

Magnifying Glass

The main City regulators have warned former managers of HBOS that they faced possible fines and being banned from the Square Mile after they broadened their investigation into one of Britain's most infamous bank failures.

People News: Bank of America, Deutsche Bank

Deutsche Bank - Foyer Bridge

Bank of America has appointed Mayank Saxena as head of its Southeast Asia financial institutions group (FIG), the latest in a spurt of investment bank hires in the financials sector amid a surge of dealmaking in Asia by banks and insurers.