PRESS DIGEST - Wall Street Journal - Dec 7
Dec 7 The following are the top stories in the Wall Street Journal. Reuters has not verified these stories and does not vouch for their accuracy.
(Adds Aviva Investors, GE Capital International, Lloyds Commercial Banking)
May 14 The following financial services industry appointments were announced on Wednesday. To inform us of other job changes, email to firstname.lastname@example.org.
GOLDMAN SACHS GROUP INC
The bank's technology investment banker, Anthony Noto, who helped orchestrate Twitter Inc's successful IPO in November, is leaving and joining Coatue Management, according to a source familiar with the matter.
The bank's top mergers and acquisitions banker for the Asia Pacific region, Jason Rynbeck, left the firm on May 8, according to a regulatory filing with Hong Kong's Securities & Futures Commission.
At least six foreign exchange employees at Credit Suisse in London and New York, including head of FX spot trading in London Danny Wise, have left the Swiss bank in a cost-cutting drive, a source familiar with the matter said on Wednesday.
Italy's largest retail bank named insider Eliano Omar Lodesani as its new chief operating officer. Lodesani has been with the banking group for several years and is head of its regional centre of the Veneto, Friuli Venezia Giulia and Trentino Alto Adige regions.
MAJEDIE ASSET MANAGEMENT
The boutique investment manager said it has hired Adrian Brass as a fund manager. Brass joins from Fidelity, where for the past six years he has managed the America Fund.
FF&P PRIVATE EQUITY
The private equity firm appointed Kenny Miller as finance director. Miller joins from Hutton Collins Capital Partners, where he was financial controller.
The wealth division of Royal Bank of Scotland Group said it had named Shun-Tak Pang managing director and head of Hong Kong market with immediate effect. He was most recently head of private wealth management at JP Morgan Chase & Co .
The investment manager appointed Andrew Economos as senior vice president, strategic solutions. Economos joins from JP Morgan Asset Management where, for the past four years, he was managing director of asset management and head of sovereign & institutional strategy, Asia.
OLD MUTUAL PLC
The insurer said senior Nedbank executive Ingrid Johnson would become its new finance director, joining a small group of female FTSE 100 finance chiefs. Johnson is currently managing executive for retail and business banking at Nedbank , one of South Africa's top four banks that is 52 percent owned by Old Mutual.
The funds arm of British-based insurer Aviva hired Ian Pizer as senior fund manager, multi-assets. Pizer joins from Standard Life Investments, where he was investment director, multi-asset investing and portfolio manager on the Global Absolute Return Strategies (GARS) fund and the absolute return bond strategy.
GE CAPITAL INTENRATIONAL
The company appointed Robert Plehn as capital markets leader. Plehn joins from Lloyds Banking Group, where he was head of the asset backed solutions team from 2011.
At GE Capital International, Plehn will be responsible for all capital markets activities for GE Capital businesses across Europe and Asia Pacific, including cash flow and asset-backed loan and lease syndications.
LLOYDS COMMERCIAL BANKING
The UK bank has created two separate teams - called FI Capital and Asset Backed Solutions and Corporate Solutions - within its capital markets group following the departure of its head of asset backed solutions, Robert Plehn, to GE Capital International.
Andrew Willett will run the FI group on an interim basis, alongside his current role as head of risk management and product solutions and strategic client solutions.
(Compiled by Neha Dimri and Mridhula Raghavan in Bangalore)
NEW YORK, Dec 6 Relatives of Malaysian businessman Low Taek Jho plan to take fresh court action in a bid to prevent the U.S. government from seizing assets as part of an investigation into the scandal-tainted 1MDB fund, according to a U.S. court filing.
Dec 6 Relatives of Malaysian businessman Low Taek Jho are seeking fresh court action in a bid to prevent the U.S. government from seizing assets as part of an investigation into the scandal-tainted 1MDB fund, according to a U.S. court filing.