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Nomura and RBS Hires

For Hire

Royal Bank of Scotland has hired Stephen Chronert, the former head of high-yield bond and leveraged loan sales in the U.S. at UBS, for a similar role at Britain’s biggest government-owned lender.

Facebook Is Quickly Becoming 'Spambook': Analyst

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Facebook now looks more like "Spambook" and its advertising looks less promising than investors originally thought, said Richard Greenfield, media and entertainment analyst at BTIG Partners. Greenfield's firm has a "sell" rating on Facebook with a $22 price target.

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