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  • Royal Bank of Scotland has announced the creation of a new markets client board, formed of senior staff, intended to execute its strategy of focussing on its strongest businesses and their interaction with the firm's clients.
  • Ted Lord, the head of covered bond product at Barclays, is leaving the bank after 21 years to concentrate on interests outside the banking industry.
  • FIG
    Lloyds Bank Commercial Banking has hired Alice Beavan from Royal Bank of Canada as head of ecommerce for credit products in London.
  • FIG
    Bank of America Merrill Lynch has appointed a Goldman Sachs managing director to lead its coverage of financial institutions in southern Europe.
  • FIG
    HSBC is reorganising its global banking and markets (GBM) division in what senior management have told staff is a move designed to deliver the firm’s resources better to its clients.
  • HSBC is reorganising its global banking and markets (GBM) division in what senior management have told staff is a move designed to deliver the firm's resources better to its clients. At the heart of the new structure is a unit called Client Coverage, which will manage all client relationships but with no specific product focus.