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Paul Deighton, Sajid Javid and Greg Clark

UK prime minister David Cameron introduced more than three decades of City of London experience into the Treasury with three key appointments as part of his cabinet reshuffle this week. He named Paul Deighton, former chief operating officer of Goldman Sachs in Europe and the current chief executive of the London Organising Committee of the Olympic Games and Paralympic Games, as his new commercial secretary to the Treasury. He also appointed Sajid Javid, a former Deutsche Bank credit trader, as economic secretary to the Treasury and Greg Clark, a former employee at Boston Consulting Group, as the financial Secretary to the Treasury. Above: Paul Deighton (Photo credit: London 2012)

This week David Cameron announced a reshuffle at the Treasury, William Vereker stepped down from his role at Nomura and Barclays hired a former NFL star in its wealth division

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David Thomas

Barclays

London Stock Exchange fires US employee after video of ‘racist’ altercation

‘I was considered the most junior person in the room’: Senior disabled finance workers on promotion battles and prejudiced attitudes

JPMorgan boss Jamie Dimon to meet chancellor Rachel Reeves ahead of Labour government’s first Budget

Trading Places: Goldman’s ECM shake-up, Latham’s latest raid

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

Sidley Austin raids Latham & Watkins for 10-lawyer team in London

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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.

GQG Launches Buyback After Stock Tumbles on Adani Probe

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

By Brian Schwartz, Vivian Salama and Andrew Restuccia

Trump Considers Warsh Serving as Treasury Secretary—and Then Fed Chair

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.

Large Accounting Firms Will Have to Submit Financial Statements to U.S. Regulator

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

Nvidia Is on Top but Does It Have Anywhere to Go but Down?

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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