KBC Group CEO to retire

Thomas Leysen added: "The Board of Directors has expressed its profound appreciation to Jan Vanhevel. The fact that KBC has survived as an independent banking and insurance group is in no small measure thanks to Jan's tireless efforts".


Leading international finance experts join HSBC Board

Commenting on the appointments, HSBC Group Chairman Douglas Flint said: "On behalf of the Board I warmly welcome Joachim and John to HSBC. We will benefit from their global experience as we implement our strategy, based on increasing global trade flo


UBS Investment Bank Leadership Changes

Former Bear Stearns CFO Sam Molinaro is to join UBS Investment Bank as COO, while Jimmy Neissa, joint global head of the investment banking unit, is planning to leave.


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.