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Société Générale will move its London operations to Canary Wharf, consolidating its three different London sites into one building. -
RBS has appointed David Leeming head of the combined liability management and hybrid capital DCM group.
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Credit Suisse reported surging revenues in its investment bank, with FICC and equity underwriting standout divisions. Profits at the bank, however, have been tempered slightly by higher losses in the investment bank's non-strategic businesses.
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Richard Boath will become chairman of Barclays' EMEA FIG business, leaving Ben Davey as sole head of EMEA FIG. The move comes following the departure of Allen Appen, head of FIG capital markets, to join Lloyds.
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Karlo Fuchs has been appointed as head of covered bonds with immediate effect at Scope Ratings. Fuchs joins from Standard & Poor’s where he had worked for 15 years as a senior director and head of covered bond analysis.
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Conduct charges defined third quarter results at Bank of America, while Citi and JP Morgan also saw their numbers marred by litigation provisions or conduct failings. Only Goldman, of the first crop of US investment banks reporting this week, largely escaped a blow from past misdeeds.
