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Prince William made a record-breaking trade at the annual Icap charity day; Financial News released the FN100 Rising Stars list, honouring the top executives aged under 40 in European financial markets; Henry Kravis signalled that buyout giant KKR is looking at opportunities in Latin America; Swiss bank UBS set Sergio Ermotti on the path to become its next chief executive; and Facebook founder Mark Zuckerberg, and junk bond king Michael Milken signed up to the 'Giving Pledge.'

Ex-Goldman programmer found guilty in code theft

Conviction is the second guilty verdict in as many months involving the theft of trading code

Assaf lands top job at HSBC investment bank

Wholesale banking business lines re-divided, with ECM now falling to global banking and DCM to global markets

European regulator offers some room for manoevre – although refuses to budge on core elements – in final guidelines on bank remuneration

AIMA says hedge fund industry created 300,000 jobs worldwide

Trade body puts forwards benefits of hedge funds as industry struggles with long-standing negative publicity

Real estate investors during the past few years have had a bit of a rollercoaster ride, so, there may be some welcome relief for any vertigo-sufferers in the sector

Lone Wolf: UBS Americas chief seen as a 'cowboy', he says

Robert Wolf, chairman and chief executive of UBS Group Americas, says that in 2007 all investment banks were leveraged 'beyond imagination' and laments that he would never have been picked to head the bank due to cultural differences

Goldman Sachs handpicks group for 'heaven sent' training

Inside a classroom in Victorian-era school building in Leeds, a select group of entrepreneurs are learning how to succeed like Goldman Sachs

EFG International reshuffles senior management

Alain Diriberry will become chief executive of EFG Bank in Switzerland as bank looks to promote from within

UBS recruits from Credit Suisse for Singapore

Gary Goh, Loh Swee Sung and Yvonne Koh  joins UBS from Credit Suisse

A former adviser to Tony Blair and a former chief of SVG Advisers will step down from the board, which began a consultation last month to overhaul its business

World's largest asset manager loses third senior executive in as many weeks

Lehman and Nortel estates on the hook for £2.2bn pensions bill

High Court finds in favour of Pensions Regulator in multi-billion pound dispute – but lawyers warn banks may become more reluctant to lend to deficit-hit companies in the future

Kevin Adeson, who was today named as HSBC’s new co-head of global banking alongside Robin Phillips, has risen quickly through the ranks since joining the firm four years ago

European banks to get final pay reform guidelines within days

New rules will see cash portion of bonuses most likely limited to 20% for most

An auction for Budapest's bourgeoisie puts Lenin on the communist block

Lots of socialist kitsch aid a toxic cleanup as Hungary bids adieu to an 'extinct era'

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People in the news this week

Ex-Goldman programmer found guilty in code theft

Assaf lands top job at HSBC investment bank

CEBS issues final bank pay guidelines

AIMA says hedge fund industry created 300,000 jobs worldwide

An end to real estate vertigo?