In September, RSA Insurance Group Plc Chief Executive Officer Simon Lee expanded the role of his top Irish lieutenant, Philip Smith, and praised his “outstanding record.” Two months later, he suspended him.
Stock sales in Canada may eclipse the $40.6 billion reached in 2010 as demand for capital spreads beyond the resource sector, said Philip Smith , Scotia Capital’s deputy head of global investment banking.
Koh Wee Meng, who develops property and runs a budget hotel chain in Singapore, has joined the ranks of the world’s billionaires as a surge in shares of Fragrance Group Ltd. boosted his fortune to $1.1 billion.
Stroock & Stroock & Lavan LLP opened a Washington office with two new partners, national security lawyer Christopher Griner and Robert E. Plaze, former deputy director of the U.S. Securities and Exchange Commission’s division of investment management.
Portuguese banks are building up reserves of asset-backed securities eligible as collateral for loans from the European Central Bank as borrowing in bond markets becomes more expensive, according to Fitch Ratings.