HSBC picks ex-Goldman exec as new UK banking chief
HSBC has turned to a former Goldman Sachs executive to co-lead its UK investment banking business, following the announcement that Alan Thomas will retire after 40 years at the UK bank. (FN)

City traders accept US trial over FX rigging
Three London-based traders, Rohan Ramchandani, Richard Usher and Chris Ashton, former employees of Citigroup, JP Morgan and Barclays, will face trial in a New York court next month over charges of rigging in the $5.3tn-a-day FX market. (Independent)