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JPMorgan execs said deposed

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JPMorgan executives have been deposed and thousands of pages of internal documents subpoenaed as part of a U.S. investigation into the bank’s asset-management unit, according to people familiar with the situation.

HSBC said falling short on cleaning up its act

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HSBC is falling short on its agreement with the U.S. to clean up operations after clients laundered drug money and did business with terrorist regimes, according to two people familiar with a report from the bank’s monitor.

People News: Bank of America, Citi

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Bank of America Merrill Lynch has hired Marcus Hiseman from Morgan Stanley as head of corporate debt capital markets for Europe, Middle East and Africa (EMEA), according to an internal memo seen by Reuters on Monday.

Reuters - Barclays hiring news

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Barclays has hired Barry Meyers, a former executive director at JP Morgan, to head its UK equity capital markets (ECM) team, a source familiar with the matter said on Monday.

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UBS astounded

The French division of UBS has been placed under formal investigation by French authorities and been asked to pay a $43.5m bail, UBS said on Friday, in an escalation of a long-running probe into allegations the bank helped clients avoid taxes.

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JPMorgan execs said deposed

JPMorgan executives have been deposed and thousands of pages of internal documents subpoenaed as part of a U.S. investigation into the bank’s asset-management unit, according to people familiar with the situation.

HSBC sign

HSBC said falling short on cleaning up its act

HSBC is falling short on its agreement with the U.S. to clean up operations after clients laundered drug money and did business with terrorist regimes, according to two people familiar with a report from the bank’s monitor.