A round-up of the key stories across the specialist financial media, including news of Nomura’s wholesale banking chief quitting
Nomura’s wholesale banking chief quits
Nomura, the troubled Japanese investment bank, was rocked further on Tuesday after Jesse Bhattal, head of wholesale banking, resigned after less than two years, dealing a blow to the group’s ambition to build a successful global presence.
Swiss currency test looms for SNB’s Jordan in race to replace Hildebrand
Thomas Jordan’s first test as interim president of Switzerland’s central bank will be to prove he can defend the four-month old cap on the franc as well as its chief architect did.
Wall Street said to weigh freezing pay bumps for junior bankers
Wall Street’s biggest firms, facing a slump in investment-banking revenue, are considering freezing compensation levels for some junior bankers, according to people familiar with the deliberations.
Italy poses the greatest risk to the euro amid the sovereign-debt crisis, Fitch Ratings said Tuesday, citing the size of the country's debt burden, Rome's high borrowing costs and its need to access funding markets.
Custody banks net short-selling gains from EU crisis
A group of specialist banks are profiting from Europe's financial crisis, thanks to a surge in demand for securities which allow traders to bet against bank stocks and government bonds.
President Barack Obama plans to create a U.S. government task force designed to monitor China for possible trade and other commercial violations as part of a larger White House effort to get more assertive with Beijing this election year, people familiar with the matter said.
