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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

Facebook Signup Page

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.