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Ex-Barclays trio charged over Libor allegations

Three former Barclays bankers have been charged over allegations of a conspiracy to manipulate interest rates. ...

Trading positions

Shifts in commodities can mean new opportunities, reports Raymond Ma. ...

Deutsche Bank poaches ex-Morgan Stanley banker

A Morgan Stanley veteran who left to start his own asset management company, Richard Glass will head the small- and mid-cap value equities unit under Deutsche Bank’s US asset and wealth management team, in a bid to catch up with UBS and Credit Suisse Group ...

Wells Fargo hires Jones of UBS for Asia securities

Mark Jones, former UBS head of sales for fixed income, commodities and currencies group in Asia-Pacific, will lead Wells Fargo’s capital markets and investment banking business in Asia ...

UBS Thai banker joins Deutsche amid talent war

Ex-UBS investment banking veteran Phumchai Kambhato to take dual role at Deutsche Bank as head of corporate banking and securities as well as head of corporate finance for Thailand, marking the second major departure from UBS Southeast Asian investment banking business ...

US jobless claims rise to 360K

US unemployment benefit applications rise to 360K though the level remains consistent with steady hiring. ...

Two moves at Deutsche Bank and BoA in Asia

Deutsche Bank in Singapore hires Boon Kee Tan of Goldman Sachs to cover Southeast Asia clients, while Bank of America Merrill Lynch takes Winston Cheng – also from Goldman Sachs – as Asia ex-Japan head of its technology, media and telecoms banking group ...

Six UBS Japan bankers leave, as 7 join equities

UBS joins other big banks in bolstering its equities army in Japan – currently the world’s best-performing major stock market – with seven hires, although investment banking unit sheds four managing directors and two executive directors ...

Barclays to move 4,000 admin jobs to cut costs

Britain’s third-largest lender by market value, Barclays plans to save as much as £250 million (HK$2.97 billion) by moving the administrative positions – mostly in IT and operations – to outsourcing companies and offshore. The move will bring the job cuts to almost 21,000 since 2008. ...