World Bank chief says U.S. should lead some global bodies

The World Bank last week launched the nomination process to select a new president to succeed Zoellick when he steps down in June, inviting names from any of its 187 member countries. The Obama administration has said it would open the process to competit


FSA UK banking head steps down

Spink has been at the FSA since it was created in 1997, and has 20 years experience in financial services regulation.


Brooks hires ex Credo strategy head

She was previously at Credo Capital, the private client wealth manager, where she was chairman of the group's investment committee.


Lloyds to split its bank advice arm for RDR

Lloyds will create two types of branch-based advisers. Financial consultants will work as protection specialists while a second group will offer “wider financial planning advice”.


Veritas Asset Management adds to team

Narayanaswamy joins from Fidelity Investments where he spent five years as a global equity analyst, specifically covering global industries including construction materials, capital goods and utilities.