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Instinet appoint new head of U.S. brokerage

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Instinet Incorporated have appointed of Mark Govoni as President of Instinet's U.S. brokerage subsidiary, effective immediately. In this role, Govoni is responsible for leading and growing Instinet’s client businesses in the Americas.

Instinet names CEO

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Instinet Incorporated has announced the appointment of Jonathan Kellner as CEO. He replaces Fumiki Kondo, who has been designated to become head of Nomura Asset Management’s overseas client division in Tokyo.

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Financial Markets Cuts

Bloomberg reports that Royal Bank of Scotland could cut as many as 300 staff in equities after failing to find a buyer for the units.

Hiring & Firing News

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Bloomberg reports that Citi is to expand its commodity investment product team, looking to add 10 to its already 30-person group.

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Instinet appoint new head of U.S. brokerage

Instinet Incorporated have appointed of Mark Govoni as President of Instinet's U.S. brokerage subsidiary, effective immediately. In this role, Govoni is responsible for leading and growing Instinet’s client businesses in the Americas.