Clare Spottiswoode

Royal Bank of Canada Hires Spottiswoode Europe Director

Royal Bank of Canada, the country’s largest lender by assets, hired Clare Spottiswoode as non- executive director for its European unit.

Atenor, BBVA, Nestle, Roche, Telenor: European Equity Preview

The following companies’ shares may be active in European trading. Stock symbols are in parentheses, and prices are from the previous close.

Banks Likely to Escape Breakup by U.K. Commission

The British government commission that convenes tomorrow is unlikely to propose breaking up the country’s biggest banks after three of the five biggest lenders threatened to leave the country rather than accept change.

Big Yellow, Diploma, Severn Trent: U.K., Irish Equity Preview

The following is a list of companies whose shares may have unusual price changes in U.K. and Irish markets. Stock symbols are in parentheses and prices are from the last market close.

Lloyds, RBS CEOs Say Bank Splits Won’t Help Consumers

Eric Daniels , chief executive officer of Lloyds Banking Group Plc , and Royal Bank of Scotland Group Plc CEO Stephen Hester said dividing banks won’t improve the outcome for consumers.

Lloyds Bank May Be Proposed for Breakup by U.K. Commission, FT Reports

Lloyds Banking Group Plc may be recommended for breakup by a U.K. government-appointed panel, reversing last year’s combination with HBOS Plc, according to committee member Clare Spottiswoode , the Financial Times said.

U.K. Scraps FSA in Biggest Bank Overhaul Since 1997

Chancellor of the Exchequer George Osborne said he will abolish the Financial Services Authority and give most of its power to the Bank of England, undoing the regulatory system set up by Gordon Brown in 1997.

Oxford Academic’s Report Key for British Banks After $96 Billion Sell-Off

John Vickers, the Oxford University economist charting the future of U.K. banks, has already contributed to a 60 billion-pound ($96 billion) slump in the market values of Barclays Plc, Royal Bank of Scotland Group Plc and Lloyds Banking Group Plc.

U.K. Bank Commission Chair Said HBOS Deal a ‘Mistake’

John Vickers , chairman of the U.K.’s Independent Commission on Banking , said that it was a “mistake” to waive competition laws in 2008 allowing Lloyds TSB Group Plc to acquire HBOS Plc.

Lloyds Breakup May Harm Government Credibility, Lawmakers Say

U.K. government credibility would be damaged if the Independent Commission on Banking forced Lloyds Banking Group Plc to unwind its merger with HBOS Plc, a panel of lawmakers said.

London

John Vickers

England

Europe

California Summit Leaves Host of Unresolved U.S.-Sino Issues

Asian Stocks Rise on U.S. Jobs Data; Japan Shares Rally

Japanese Shares Lead Asian Stocks Higher as Metals Drop

Japan Revises Growth to Annual 4.1% in Boost for Abenomics

China Leaders Tested on Growth Resolve After Slowdown: Economy