FSA Blocks Banking Star’s Move to Nomura
Saturday, June 5, 2010 17:41Posted in category Banking and Finance
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In a fresh sign of its wielding its appointments veto more vigorously, the City watchdog has scuppered a leading Morgan Stanley banker’s move to Nomura.
John Hyman was to join the Japanese bank as co-head of global finance. Nomura confirmed that he would not be joining, but declined to further eplain. However, it is understood that he has fallen foul of the FSA’s vetting process.
The FSA has become increasingly active in directorships and appointments of influential bankers.
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