The bank has named Bob Hoyt, who was latterly group general counsel at Barclays, as its chief legal officer, according to a statement on 28 October

HSBC hired a former Barclays top lawyer as group chief legal officer, as the UK lender continues to leave a long list of litigation behind it.

The bank has named Bob Hoyt, who was latterly group general counsel at Barclays, as its chief legal officer, according to a statement on 28 October. He will join HSBC on 18 January next year, reporting into its chief executive, Noel Quinn.

HSBC hires Barclays’ top legal chief Hoyt

Paul Clarke

Barclays

HSBC

Goldman Sachs

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UBS launches European strategy dealmaking group, shakes up country heads

Goldman Sachs names new ECM leadership in Europe after departures

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Find out who is on the move in the City and beyond this week

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CDPQ hires Sharon White to lead push in Europe

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Former chair of the John Lewis Partnership is joining the Canadian pension fund giant early next year

One of the top investors in Adani Group launched an on-market share buyback to protect its share price against the contagion from a U.S. investigation into the Indian conglomerate.

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The president-elect floated the idea during a Wednesday meeting with the former Fed governor.

By Brian Schwartz, Vivian Salama and Andrew Restuccia

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The U.S. auditing watchdog voted to require certain audit firms to disclose eight new metrics ranging from auditor turnover to partner involvement and restatement history.

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The AI titan will maintain its strong lead, but complicated product rollouts, sky-high expectations and the China threat add complications to growth potential.

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Research group GfK’s measure of consumer confidence climbed to minus 18 in November’s survey from minus 21 in October.

U.K. Consumers Cheerier Ahead of Holidays as Budget, U.S. Election Jitters Fade

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