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ANZ suspends seven traders

Leap Of Faith

ANZ, one of Australia's biggest banks, has suspended seven traders as part of an inquiry into the potential rigging of key interbank interest rates.

Sterne Agee expands midwest depository investment banking

Thumbs Up At Desk

Sterne Agee, one of the oldest and largest private and employee owned wealth management and institutional services firms in the the United States, has announced the additions of James F. Hemmer as Managing Director and Nathan F. Strall as Vice President to its Depository Investment Banking Group. Both will be based in the firm’s Chicago office.

ICAP in talks to combine shipping company with Howe Robinson

Business Hand Shake

ICAP, a leading markets operator and provider of post trade risk mitigation and information services, has announced that it is in discussions to combine ICAP Shipping with Howe Robinson, the leading ship-broking group to create one of the world’s leading businesses in the sector.