Richard Usher put on leave, Citi's chief Roham Ramchandani follows. Richard Usher, the chief currency dealer in JP Morgan in London, has been put on leave.
People
Chancellor Merkels' conservatives, SPD plans grand coalition government for Germany
Discussions for the formation of a grand coalition government in Germany had already begun. Talks had begun in Germany for a grand coalition government to be put in place by Christmas.
Cohen sells USD800 million in blue-chip art amidst securities case against SAC Capital
Art aficionados would have a chance to acquire a piece of SAC Capital Advisors owner and billionaire Steven Cohen to be sold next week at auction houses Sotheby's and Christie's.
Morgan Stanley, UBS and Goldman Sachs bankers form new advisory venture in London
A new financial advisory services firm in London had been formed by three former bankers who had successful careers in mergers and acquisitions.
Buffett cash pile of USD40 billion not being invested fast, say expert
Warren Buffett wants more liquidity in assets to have cash when there is fear in the market. Experts said that financial investor Warren Buffett is not investing his cash pile fast enough, according to a report by Bloomberg.
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Jason Armstrong, lead analyst of Goldman Sachs, will work at Comcast to head investor relations. Goldman Sachs Group Inc. veteran Jason Armstrong is said to be leaving and would become Comcast Corp.
CEO Jeremy Levin resigns from Teva, but board is confident they will find a permanent replacement. Jeremy Levin, chief executive officer of Teva Pharmaceutical Industries, would be stepping down effective immediately, according to a report by Reuters.
Blue Solutions rose as high as USD18.64 per share in the first day of its initial public offering. Blue Solutions saw its shares jump 30% from issue price in the first day of its initial public offering.
Tablet and mobile maker hired Ashton Kutcher to provide design and marketing inputs in attempt to steal away Apple consumers.
Rosneft Chief Executive Igor Sechin to President Vladimir Putin revealed plans of the oil company to acquire the government's 20% stake in Novorossiisk Commercial Sea Port (NCSP).
Securus Medical Group raised USD 6.5 million at the initial close of its Series B round led by 3X5 Special Opportunity Fund.
French billionaire Xavier Niel was looking at possible deals with phone companies in Europe, sources told Bloomberg.
IMF department director Anoop Singh said Japan Prime Minister Shinzo Abe's economic stimulus program had helped the economy of Japan against the effects of the reduction of securities purchases by the US Federal Reserve.
Shane Victorino would not be starting for the Boston Red Sox on Game 5 of the Major League Baseball World Series 2013.
