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	<title>Banking Times: Daily Banking News &#187; Investment Banking News</title>
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	<description>Daily Banking News at Banking Times, the UK&#039;s leading independent banking news publication.</description>
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		<title>Citigroup cleared for Chinese credit card businesses</title>
		<link>http://www.bankingtimes.co.uk/2012/02/07/citigroup-cleared-for-chinese-credit-card-businesses/</link>
		<comments>http://www.bankingtimes.co.uk/2012/02/07/citigroup-cleared-for-chinese-credit-card-businesses/#comments</comments>
		<pubDate>Tue, 07 Feb 2012 08:51:29 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[Banking Jobs News]]></category>
		<category><![CDATA[Banking News]]></category>
		<category><![CDATA[Borrowing & Lending News]]></category>
		<category><![CDATA[Investment Banking News]]></category>
		<category><![CDATA[China]]></category>
		<category><![CDATA[citigroup]]></category>
		<category><![CDATA[credit card]]></category>
		<category><![CDATA[Shanghai Pudong Development Bank]]></category>

		<guid isPermaLink="false">http://www.bankingtimes.co.uk/?p=18242</guid>
		<description><![CDATA[Citigroup has received official approval to launch a credit card business in China, for both retail and commercial customers. The business should be up and running sometime this year and according to the bank will mark a &#8220;significant milestone&#8221; in its continued expansion in the country. Citi China chief executive officer, Andrew Au, comments: &#8220;We [...]]]></description>
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		<title>Deutsche bank sets up Berlin forum</title>
		<link>http://www.bankingtimes.co.uk/2012/02/07/deutsche-bank-sets-up-berlin-forum/</link>
		<comments>http://www.bankingtimes.co.uk/2012/02/07/deutsche-bank-sets-up-berlin-forum/#comments</comments>
		<pubDate>Tue, 07 Feb 2012 07:35:53 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[Banking News]]></category>
		<category><![CDATA[Investment Banking News]]></category>
		<category><![CDATA[Berlin]]></category>
		<category><![CDATA[Deutsche Bank]]></category>

		<guid isPermaLink="false">http://www.bankingtimes.co.uk/?p=18238</guid>
		<description><![CDATA[Deutsche Bank is expanding its presence in Berlin by setting up an international forum for dialogue between business, politics, culture and society at its Unter den Linden premises. The bank has added to its presence in the German capital in recent years and today, measured by the number of staff, Berlin is the company’s fifth [...]]]></description>
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		<title>UBS makes board nominations</title>
		<link>http://www.bankingtimes.co.uk/2012/02/05/ubs-makes-board-nominations/</link>
		<comments>http://www.bankingtimes.co.uk/2012/02/05/ubs-makes-board-nominations/#comments</comments>
		<pubDate>Sun, 05 Feb 2012 19:37:57 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[Banking Jobs News]]></category>
		<category><![CDATA[Banking News]]></category>
		<category><![CDATA[Investment Banking News]]></category>
		<category><![CDATA[Beatrice Weder di Mauro]]></category>
		<category><![CDATA[Isabelle Romy]]></category>
		<category><![CDATA[UBS]]></category>

		<guid isPermaLink="false">http://www.bankingtimes.co.uk/?p=18223</guid>
		<description><![CDATA[Following the fall out from an alleged rogue trader incident late last year, UBS is planning to beef up its board with two nominations that will be put to the vote at its Annual General Meeting on 3rd May. Beatrice Weder di Mauro and Isabelle Romy will be proposed for election as Bruno Gehrig, who [...]]]></description>
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		<title>Lloyds&#8217; head of wholesale quits</title>
		<link>http://www.bankingtimes.co.uk/2012/02/01/lloyds-head-of-wholesale-quits/</link>
		<comments>http://www.bankingtimes.co.uk/2012/02/01/lloyds-head-of-wholesale-quits/#comments</comments>
		<pubDate>Wed, 01 Feb 2012 09:06:53 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[Banking Jobs News]]></category>
		<category><![CDATA[Banking News]]></category>
		<category><![CDATA[Investment Banking News]]></category>
		<category><![CDATA[Lloyds Banking Group News]]></category>
		<category><![CDATA[Lloyds Banking Group]]></category>
		<category><![CDATA[Truett Tate]]></category>

		<guid isPermaLink="false">http://www.bankingtimes.co.uk/?p=18184</guid>
		<description><![CDATA[Lloyds Banking Group has announced changes in its senior management structure as follows: Truett Tate, group executive director for wholesale, will retire this month. The sixty-one-year-old joined the group in 2003 as managing director, corporate banking, before being appointed to the Board in 2004. Andrew Gézcy, managing director of wholesale banking and markets, will report [...]]]></description>
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		<title>FSA appoints investment banking advisor</title>
		<link>http://www.bankingtimes.co.uk/2012/01/30/fsa-appoints-investment-banking-advisor/</link>
		<comments>http://www.bankingtimes.co.uk/2012/01/30/fsa-appoints-investment-banking-advisor/#comments</comments>
		<pubDate>Mon, 30 Jan 2012 16:10:57 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[Banking Jobs News]]></category>
		<category><![CDATA[Banking News]]></category>
		<category><![CDATA[Financial Services Authority]]></category>
		<category><![CDATA[Investment Banking News]]></category>
		<category><![CDATA[Will Samuel]]></category>

		<guid isPermaLink="false">http://www.bankingtimes.co.uk/?p=18170</guid>
		<description><![CDATA[The Financial Services Authority (FSA) has appointed Will Samuel to the role of investment banking senior advisor. Mr Samuel, who takes up the post today (30th January), has more than 35 years of experience in investment banking, most recently as vice chairman of Lazard &#038; Co. Commenting on the appointment, FSA chief executive, Hector Sants, [...]]]></description>
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		<title>Morgan Stanley appoints 210 managing directors</title>
		<link>http://www.bankingtimes.co.uk/2012/01/24/morgan-stanley-appoints-210-managing-directors/</link>
		<comments>http://www.bankingtimes.co.uk/2012/01/24/morgan-stanley-appoints-210-managing-directors/#comments</comments>
		<pubDate>Tue, 24 Jan 2012 16:33:51 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[Banking Jobs News]]></category>
		<category><![CDATA[Banking News]]></category>
		<category><![CDATA[Investment Banking News]]></category>
		<category><![CDATA[Derek Laws]]></category>
		<category><![CDATA[Morgan Stanley]]></category>
		<category><![CDATA[Risana Zitha]]></category>
		<category><![CDATA[Tim Abbott]]></category>

		<guid isPermaLink="false">http://www.bankingtimes.co.uk/?p=18121</guid>
		<description><![CDATA[Morgan Stanley has today announced the appointment of 210 managing directors. The bank has published a list of names beginning with Tim Abbott, ending with Risana Zitha and with Derek Laws appearing at the midway point. However, no further details of the appointments or the group&#8217;s strategy in making them are provided.]]></description>
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		<title>Renminbi trading boost for City</title>
		<link>http://www.bankingtimes.co.uk/2012/01/16/renminbi-trading-boost-for-city/</link>
		<comments>http://www.bankingtimes.co.uk/2012/01/16/renminbi-trading-boost-for-city/#comments</comments>
		<pubDate>Mon, 16 Jan 2012 09:28:57 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[Banking News]]></category>
		<category><![CDATA[Investment Banking News]]></category>
		<category><![CDATA[renminbi]]></category>
		<category><![CDATA[trading]]></category>
		<category><![CDATA[yuan]]></category>

		<guid isPermaLink="false">http://www.bankingtimes.co.uk/?p=18053</guid>
		<description><![CDATA[Chancellor of the Exchequer, George Osborne, is working on the next stage of making the City a hub for trading in China&#8217;s currency, the renminbi, or yuan. The Chancellor, who is attending an Asian Financial Forum conference in Hong Kong, told the BBC: &#8220;London is perfectly placed to act as a gateway for Asian banking [...]]]></description>
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		<title>S&amp;P downgrades nine eurozone sovereigns</title>
		<link>http://www.bankingtimes.co.uk/2012/01/14/sp-downgrades-nine-eurozone-sovereigns/</link>
		<comments>http://www.bankingtimes.co.uk/2012/01/14/sp-downgrades-nine-eurozone-sovereigns/#comments</comments>
		<pubDate>Sat, 14 Jan 2012 07:42:20 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[Banking News]]></category>
		<category><![CDATA[Financial Reports News]]></category>
		<category><![CDATA[Investment Banking News]]></category>
		<category><![CDATA[credit ratings]]></category>
		<category><![CDATA[downgraded]]></category>
		<category><![CDATA[eurozone]]></category>
		<category><![CDATA[Standard & Poor's]]></category>

		<guid isPermaLink="false">http://www.bankingtimes.co.uk/?p=18043</guid>
		<description><![CDATA[Standard &#038; Poor&#8217;s (S&#038;P) has downgraded the sovereign credit ratings of nine members of the eurozone. France has lost its &#8220;AAA&#8221; rating, having been downgraded one notch to &#8220;AA+&#8221;. Long-term ratings on Austria, Malta, Slovakia, and Slovenia have also been lowered by one notch. Long-term ratings on Cyprus, Italy, Portugal and Spain have been lowered [...]]]></description>
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		<title>Nomura chief to retire</title>
		<link>http://www.bankingtimes.co.uk/2012/01/11/nomura-chief-to-retire/</link>
		<comments>http://www.bankingtimes.co.uk/2012/01/11/nomura-chief-to-retire/#comments</comments>
		<pubDate>Wed, 11 Jan 2012 08:31:20 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[Banking Jobs News]]></category>
		<category><![CDATA[Banking News]]></category>
		<category><![CDATA[Investment Banking News]]></category>
		<category><![CDATA[Jasjit Bhattal]]></category>
		<category><![CDATA[Nomura]]></category>

		<guid isPermaLink="false">http://www.bankingtimes.co.uk/?p=17999</guid>
		<description><![CDATA[Nomura has announced that Jasjit Bhattal is to retire from his position as president and chief executive officer of the group&#8217;s wholesale division, and deputy president of Nomura Holdings. Mr Bhattal&#8217;s responsibilities will be assumed on an interim basis by Nomura group chief operating officer and chairman for wholesale, Takumi Shibata, who will also determine [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>PwC fined £1.4m over JP Morgan audits</title>
		<link>http://www.bankingtimes.co.uk/2012/01/06/pwc-fined-1-4m-over-jp-morgan-audits/</link>
		<comments>http://www.bankingtimes.co.uk/2012/01/06/pwc-fined-1-4m-over-jp-morgan-audits/#comments</comments>
		<pubDate>Fri, 06 Jan 2012 09:36:16 +0000</pubDate>
		<dc:creator>Gill Montia</dc:creator>
				<category><![CDATA[Banking News]]></category>
		<category><![CDATA[Financial Reports News]]></category>
		<category><![CDATA[Investment Banking News]]></category>
		<category><![CDATA[fined]]></category>
		<category><![CDATA[JP Morgan]]></category>
		<category><![CDATA[PricewaterhouseCoopers]]></category>

		<guid isPermaLink="false">http://www.bankingtimes.co.uk/?p=17954</guid>
		<description><![CDATA[The Accountancy and Actuarial Disciplinary Board (AADB) of the Financial Reporting Council has fined PricewaterhouseCoopers (PwC) £1.4 million, following a disciplinary hearing regarding audits of JP Morgan Securities&#8217; (JPMS) accounts over a number of years. The case hinged on PwC&#8217;s role in reporting to the Financial Services Authority (FSA) JPMS’s compliance or otherwise with rules [...]]]></description>
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